Tag Archives: Sanctions

Iran was the seventh biggest oil supplier to India in January compared with sixth in December.

Federica Mogherini defended the deal. saying that the bloc would do whatever possible to keep it alive.

The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.

The level of execution of the deal by the OPEC countries in January was 86%.

International Brent crude oil futures had yet to trade.

Venezuela’s production has almost halved in two years to 1.17 million bpd.

A flurry of intensifying risks could trigger an energy market ".crunch". over the coming months.

OPEC and Russia have been cutting production together to support prices since 2017.

Russia first joined forces with OPEC to exert more control over international oil prices in late 2016.

Growing U.S. supply and a potential economic slowdown this year could cap oil markets.