Tag Archives: Trade

The new refinery will supply 4.8 million tons per year of diesel.

Third-quarter profits for oil producers generally should be higher than a year ago.

Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.

Washington reimposed sanctions on Tehran after the US withdrawal from the Iran nuclear deal in May.

The value of Iran’s import from Indonesia in the same period has been $80 million.

Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.

Brent crude prices stabilized on Wednesday after heavy losses the day before. with looming U.S. sanctions against Iran back in focus.

In its Gas 2018 annual report. the IEA said Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 bcm.

Sanctions on Iran are expected to remove about 1 million barrels a day from the world market by the end of the year.

This is the first cargo of U.S. LNG scheduled to arrive in China.