Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

China is among the countries that were granted a waiver from sanctions on Iranian oil imports.

Some energy industry officials are pressuring the Trump administration to hold off.

Iranian engineers have been. however. able. to meet the country'.s domestic engineering needs.

Venezuelan crude exports to the United States last year fell 15 percent to the lowest annual average in nearly three decades.

As the world’s top crude oil exporter. Saudi Arabia will not be giving away easily its crown and the geopolitical clout that comes with it.

U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.

Saudi Arabia has used the forum in recent years to pitch for foreign investment.

Dudley believes the oil market is tightening up.

On Monday. China reported its lowest annual economic growth since 1990.