The market is expecting the EIA to report a 900.000-barrel drop in crude stockpiles for the week ended May 24.
Read More »Oil Slumps as U.S.-China Trade Hostilities Escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth.
Read More »US Blacklist Will Harm Billions of Consumers
A US move to put Huawei on a trade blacklist sets a dangerous precedent that will harm billions of consumers. the firm'.s top legal officer said.
Read More »Half World`s Biggest Airlines don`t Offer Carbon Offsetting
Less than half of the world'.s major airlines are giving passengers the opportunity to offset the carbon dioxide produced from their flights.
Read More »Oil Prices Mixed as Traders Weigh Trump’s Comment. Supply Cuts Led by OPEC
OPEC and some allies including Russia are due to meet next month to discuss output policy going forward.
Read More »World’s Largest Oil Exporter Investment in US Shale Gas
This is a signal of Aramco’s intent to become a global gas player and develop a broad LNG portfolio.
Read More »India Likely to Resume Importing of Iranian Crude Products
It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.
Read More »Iran. Uzbekistan Ready to Start Direct Flights Soon
A senior Iranian economic official announced negotiations with the Uzbek officials to launch direct flights between the two countries.
Read More »Iran. Europe to Sign MoU to Broaden Economic Ties
A senior Iranian economic official announced that Tehran and several European states are due to ink a Memorandum of Understanding (MoU) to expand economic relations.
Read More »Iran Increases Exports from Persian Gulf Special Economic Zone
Iran has boosted exports of goods from its Persian Gulf Economic Zone. a senior official said.
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