The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.
Read More »Iran Oil Sanctions Will Hurt More Than You Think
The market seems to be inadequately prepared for a rapid loss of exports.
Read More »U.S. Expects Sanctions Taking 1 Million Bpd Iranian Oil off The Market
The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.
Read More »IEA: Easing Oil Supply Concerns may Only be Temporary
A rise in crude prices triggered by supply uncertainties could dampen demand for oil.
Read More »Azerbaijan Reports on Implementation of OPEC + Deal for July
At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.
Read More »Saudi Arabia Reassures Canada on Oil Supplies as Dispute Continue
Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.
Read More »Al-Falih: Canada Row Won’t Affect Oil Exports
As the row deepens. oil was bound to become the center of attention. albeit briefly.
Read More »$90 Oil Is a Very Real Possibility
U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.
Read More »Putin Orders Phasing Out Crude Oil Export Duty By 2024
Currently. oil product exports are taxed on the basis of a percentage of the crude oil export duty. which is tied to the price of oil.
Read More »Iraq`s July Crude Oil Production Hits New 13-Month High
Iraq has no option to export Kirkuk crude from the north of the country due to a political dispute with KRG.
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