China is trying to stem the slowdown with aggressive fiscal stimulus measures.
Read More »Russia. China`s Top Crude Oil Supplier
China is among the countries that were granted a waiver from sanctions on Iranian oil imports.
Read More »Political Turmoil in Venezuelan Threatens Crude Supply
Venezuelan production will decline by an additional 300.000-500.000 barrels per day (bpd) this year.
Read More »Switzerland & Iran Developing Payment Channel to Bypass US Sanctions
The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.
Read More »Saudi. Russian Energy Ministers will Hold Talks in Davos
Saudi Arabia has used the forum in recent years to pitch for foreign investment.
Read More »Rollercoaster Ride of Oil Market
The United States increased output by 2.1 mbd last year. the ".highest ever". annual growth ever recorded.
Read More »Iran. China to Cooperate on Polymer-Based Projects
The session was a starting point to a new chapter in joint cooperation between the two countries.
Read More »Rebalancing of Global Oil Market to Be Gradual
Venezuela has seen the collapse of its oil industry slow during the second half of 2018.
Read More »Crude Oil Futures Moves Lower on OPEC Comments
Market participants would be looking out for last week'.s US inventory data to provide further price direction.
Read More »Oil Prices Rise amid U.S.-China Trade Talk Optimism
Both crude price benchmarks had already gained more than 2 percent in the previous session.
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