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China retaliated by slapping duties on American export products. including crude oil.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
Outcomes of the OPEC Meeting
OPEC operates on consensus. and the production limits have always depended on voluntary compliance.
Read More »The Agreement will not Indicate Particular Volumes
On June 22-23. OPEC + participants will meet in Vienna to discuss options for further implementation of the transaction.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
Read More »Iran Oil Exports Slide in Early Ship Data after Trump Sanctions
One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.
Read More »U.S. oil Exports. on the Rise to China. Face Trade Spat Threat
China has been a key recipient of American oil since a 40-year U.S. ban on exports was ended by then-President Barack Obama in 2015.
Read More »US.-China Trade Fight Leads Global Stocks Lower
Trump unveiled a 25 percent tariff on a list of strategically important imports from China. including cars. promising further measures if Beijing struck back.
Read More »Saudi Arabian and Russian Oil Market Policy to Dominate OPEC summit in Vienna
GCC countries are thinking about the need to replace lost Iranian barrels.
Read More »Saudi Arabia Plans Leaders` Summit This Year for OPEC. Allies
The producers meet on June 22-23 in Vienna and will discuss a gradual easing of the supply cut.
Read More »The Oil Price Is At a Crossroads
Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »