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In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.
Read More »International Oil Prices Slip as Trade Dispute Rise. U.S. Crude Stock Drop Supports
Iran Resumes electricity Supply to Iraq
Iraq to apply for an exemption from US sanctions against Tehran.
Read More »US Sanctions Two Russian Shippers for Oil Transfers to North Korea
Earlier this year. the US unveiled sanctions aimed at the illegal trade of petroleum products. coal and other goods with North Korea.
Read More »US to Offer 11 Million Barrels of Oil as Sanctions on Iran Crude Starts
Timing may reflect the White House’s concern over a tight oil market.
Read More »Crude Prices Mixed as U.S. Readies Sanctions on Iran
Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.
Read More »Turkey`s Crude Imports from Iran Decrease in June
Turkey imports 10 billion cubic meters of gas from Iran.
Read More »Europe should Act as U.S. Threats to Reimpose Oil Sanctions
The second round of embargo will be reimposed in early November with the aim of curtailing Iran'.s oil exports and shipping sectors.
Read More »Brent Oil Stabilizes near $72 as Economic Concerns Weigh
Iran told OPEC on Sunday no member country should be allowed to take over another member'.s share of oil exports.
Read More »Gulf Exporters Benefit as Battle for Asia Market Share Heats Up
A tariff war between China and the US may damage global trade but could benefit Gulf oil exports.
Read More »Japan Increase U.S. LPG Purchases due to Sino-U.S. Trade Conflict
The U.S. has become increasingly price competitive.
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