Tag Archives: Trade

The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.

Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.

In May. Trump announced that his country would unilaterally withdraw from the JCPOA deal.

As the row deepens. oil was bound to become the center of attention. albeit briefly.

U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.

Many countries. including US allies in Europe as well as China and India oppose the introduction of new sanctions.

In 2017. Japan met 5.3 percent of its oil demand with imports from Middle Eastern nations.

EIA expects 2018 output at 10.7 million barrels per day. fractionally down from 10.79 million barrels projected last month.

Eastern Canadian refineries import about 75.000 to 80.000 barrels per day of Saudi Arabian crude.

Cancellation of Aramco IPO may lead to international investors questioning Saudi Arabia'.s commitment to reforms.