Tag Archives: Trade

Energy needs in Central and South America will grow less rapidly than other developing economies.

The value of exports to African nations stood at about $752 million last year.

Oil prices at $70 or above is never the best choice for the consumers and Russia is in that camp.

A possibility of oil production cut in 2019 looms large as OPEC and its allies are expected to meet in Abu Dhabi.

EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.

OPEC member Venezuela last year produced more than 2 million bpd.

China was given a waiver to import around 360.000 bpd from Iran during the exemption period.

South Korea is the world’s fifth-largest crude oil importer.

The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.

South Korea has been granted a waiver from US sanctions on Iranian oil.