Tag Archives: North America

Iran is OPEC’s third-largest producer. providing more than 2 percent of global oil output.

The Russian parliamentarians already announced that Moscow will continue fulfilling its commitments with Syria.

Saudi Arabia and its allies are now considering cutting output by 1 million to 1.4 million barrels per day.

The sanction freezes any property or interests of the designated individual within the US or in possession of US citizens.

APEC meeting provides once again that the two sides remain far from any agreement on trade.

The US is now pumping an unprecedented 11.6 million barrel per day (bpd) of oil.

Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.

The United States has been increasingly critical of China-backed infrastructure projects.

Turkey strongly objects to exploratory drilling off Cyprus.

Nord Stream 2 is a joint venture of Gazprom and five European companies.