Tag Archives: Sanctions

Tokyo is pressing Mitsubishi and Mitsui to make a decision.

The shale revolution has made the US the world’s top oil producer and is reshaping the global oil market.

Washington blocked PDVSA'.s assets at $ 7 billion and threatened to block the accounts of oil buyers from Venezuela.

US plans to sell up to 6 million barrels of crude oil from the Strategic Petroleum Reserve in April.

Around 70% of Venezuelan oil since sanctions have been implemented in went to PdVSA’s customers in Asia.

The 11 OPEC member states committed to the agreement attained in February 101% of the agreed cuts.

Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.

Cosmo Oil was among the first Japanese refiners along with Showa Shell. Fuji Oil to resume Iranian crude loadings in January.

The group would meet in Vienna Austria to deliberate on the matter.

Trump on Monday expressed concern about oil prices.