Tag Archives: Platts

OPEC and its allies have agreed to cut production by 1.2 million b d through to the end of the first quarter of 2020.

Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions.

Shipping insurance has climbed following multiple rounds of seizures and tanker attacks earlier this year.

Libya'.s oil industry has been at the mercy of groups vying for control of valuable assets.

The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.

China is importing Iranian crude at a rate of 150.000 to 220.000 bpd despite the end of sanction waivers.

US crude exports will keep rising as domestic production grows.

The current round of quotas went into force in January and ends on June 30.

The OPEC meeting comes at a time of heightened geopolitical tensions in the Middle East.

European customers will receive their gas in line with their contractual terms in 2020.