Tag Archives: Sanctions

The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.

U.S. sanctions on Iran’s petroleum sector are set to take effect next month.

Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.

Brent has risen by more than 20 percent from its most recent lows in August.

On Saturday. Trump spoke with Salman about ".efforts to maintain supplies to ensure the stability of the oil market.

Iran has started to offer cargo insurance and tankers operated by Iranian companies in a bid to continue to sell its oil to the major buyers.

Japan'.s oil imports from Iran jumped to 65 percent year on year in August.

Brent was pushed up by the looming sanctions against Iran. which will start targeting its oil sector from Nov. 4.

The US withdrawal from the JCPOA damaged the balance in the JCPOA.

The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.