Tag Archives: Trade

Other Chinese refiners are looking to reconfigure their plants so they could buy and process U.S. oil. one trade source said.

India has asked Saudi Arabia for assurances that oil prices will remain stable and moderate.

Seven vessels had already left Iranian ports with their cargoes. while four have yet to depart or have yet to arrive at Iranian ports.

The value of non-oil exports during the period from 21 March to 21 May. has reached $7 billion. which means a rise of 25 per cent.

Gas is increasing in demand as the Chinese government moves to replace coal to combat air pollution.

China prefers a heavier quality of crude whereas the bulk of U.S. oil exports is light crude. the source said.

The US is shipping record amounts of crude following the end of an export ban in late 2015.

IOC is Iran’s biggest Indian oil client.

Europe has been very active in showing its support for gas transit revenue dependent Ukraine.

The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.