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Trump’s choice has faced opposition of the international community.
Read More »Japan. EU Repeat Support for Iran Nuclear Deal
Trump Says Saudi Arabia. Others Agreed to Boost Oil Production
Crude oil prices have been moving higher since last month and are up 33 per cent in the year to date.
Read More »Oil Prices Expected to Rise in Summer as US Toughens Stance on Iran Sanctions
Donald Trump is betting that Saudi Arabia and other OPEC members make up for the shortfall.
Read More »China has not yet Asked for more Crude Oil from Saudi Arabia
Saudi Arabia’s April crude oil production was nearly steady with previous months.
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 »OPEC Decision to be Made After Reviewing Oil Prices
OPEC is set to meet on June 25 in Vienna to discuss extending the agreement to cut output by 1.2 million b d beyond the end of June.
Read More »End to Iran Sanction Waivers will Tighten Oil Markets in Short Term
The U.S. move increase the risk of conflict in the Middle East.
Read More »US cannot Force Iran Oil Exports to Zero
The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.
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 »Trump`s Dangerous Game
The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.
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