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China will increase tariffs on $60 billion of products imported from the US.
Read More »Crude Oil Futures Largely Stable after Trump Comments on China Trade
Crude Oil Futures Lower on Trump Comments. Awaits Fresh Cues
The 21-mile Strait of Hormuz at the mouth of the Persian Gulf handles roughly 40% of global crude trade.
Read More »US Not Able to Zero Iran`s Oil Exports
The US president'.s threat to decrease Iran'.s oil sales is an illusion.
Read More »Iran Lambastes Saudi Arabia. Bahrain for Supporting US Oil Sanctions. Warns of Consequences
Tehran has lashed out at Saudi Arabia and Bahrain for supporting Washington’s termination of sanctions waivers for major Iranian crude buyers. saying the Islamic Republic would allow no country to replace it in the oil market.
Read More »Iraq has Enough Oil Capacity to Meet Customer Needs
IEA expects Iraq to add 1.2 million bpd in 10 years to reach 6 million bpd of production in 2030.
Read More »Turkey Rejects US Sanctions on Iran`s Oil
Turkey rejects unilateral sanctions and impositions on how to conduct relations with neighbors.
Read More »Oil Prices Rise as U.S. Looks to End Iran Sanction Waivers
South Korea is a major buyer of Iranian condensate.
Read More »New Blockade of Iran Could Increase Oil Prices Across The World
Analysts criticized the end to the exemptions. which would hit Asian buyers the hardest.
Read More »Artificial Intelligence will Transform Oil and Gas Industry
Artificial intelligence has been making inroads into the oil and gas industry for a while.
Read More »Venezuela`s Oil Supply Collapse Tightens Global Market
Venezuela. plus Iran and Libya. were exempted from making voluntary curbs under the OPEC+ deal.
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