Tag Archives: North America

The majority of the Board members used the occasion to criticize Washington'.s unilateralism.

The regulation aims to support the agricultural sector and reduce the country’s dependence on oil.

The US has turned from a major oil consumer into a major producer.

It looks like the cartel aims for higher oil prices now and will think of regaining market share later.

There are only three active barite mining operations in the U.S.. all in Nevada. Combined. they produce about 500.000 metric tons of the mineral.

US production rose slightly for week ending June 28 to 12.2 million bpd. 200.000 bpd down from the all-time high of 12.4 million bpd.

The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran. violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero. according to a report.

The US has continued with what it describes as a ‘maximum pressure’ policy against Iran.

China is the top buyer of Iranian oil and nearly all its oil payments go through Kunlun Bank.

Tehran lashed out at Washington for its attempt to wield influence on the Organization for Petroleum Exporter Countries (OPEC) through Saudi Arabia to undermine the role of Iran and Venezuela as the two major members of the oil cartel.