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Crude shipments to the U.S. from OPEC and its partners fell to 1.41 MMbpd in January.
Read More »OPEC`s Oil Exports to U.S. Fell to Five-Year Low in January
PDVSA to Redirect Exports to Customers in Europe and Asia
Currently. Washington'.s sanctions apply only to US entities.
Read More »U.S. Oil Prices Rise due to Tighter Supply
Russia has been in full compliance with its pledge to gradually cut its oil production.
Read More »Oil Holds Gains on Signs of Shale Slowdown as OPEC Output Falls
Oil has rebounded this year as OPEC’s production cuts have taken effect.
Read More »Oil Hits $63 on Venezuela Sanctions. OPEC
The U.S. sanctions on Venezuela will limit oil transactions between Venezuela and other countries.
Read More »India Surpasses China in Increasing Oil Demand
OPEC forecasts India'.s crude oil demand will expand to 5.8 million barrels per day by 2040.
Read More »Oil Rises amid US Lower Imports. Venezuela Sanctions
Oil Rises amid US Lower Imports. Venezuela Sanctions.
Read More »Saudi Arabia will Attract over US$425 Billion in Investments for Vision 2030
In late 2017. the kingdom announced plans to build the US$500 billion NEOM mega city in the northern Red Sea.
Read More »Too Early to Assess Impact of U.S. Sanctions on Venezuela
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Saudis Pledge Deeper Oil Cuts in February under OPEC+ Deal
Saudi Arabia'.s voluntary limit under the December cuts deal with Russia and other producers was 10.33 million barrels a day.
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