Tag Archives: Reuters International News Agency

India will work to create a network with other major oil buyers in Asia to negotiate better terms with sellers.

Surging U.S. production. which rose to 10.59 million bpd last week. has encouraged record-high U.S. exports.

Russia is Ready to Facilitate Cooperation between North. South Korea.

Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.

Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.

All the four major Asian economies should come together and India will try to create a network for that within the four countries.

Norwegian previously ran Statoil and BG Group.

Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.

China’s total crude oil imports in March rose to the second-highest on record at 9.2 million bpd.

Algeria relies heavily on energy earnings.