Tag Archives: Production

The world will need 32.05 million barrels per day (bpd) of crude from its 15 members in 2019.

China earlier this year introduced the petroyuan as an alternative to the US dollar-dominated oil industry .

Any deal will ".expand the field for multilateral cooperation". between the five states.

The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.

The dispute began with the fall of the Soviet Union which had had a clearly defined Caspian border with Iran.

In the latest round of levies. China said it would impose additional tariffs of 25 percent on $16 billion worth of U.S. imports.

Trump cited the devaluation of the Turkish lira in his Friday decision to double the steel tariffs for imports from Turkey.

Europe received about 10% of total US exports last year.

Qatar aims to boost its LNG export capacity from the current 77 million tons to 100 million tons annually by 2024.

The laboratory gives the correct measurements of the natural gas and associated liquids upon which permissible standards and ratios are calculated.