Huawei founder and CEO Ren Zhengfei thanked US companies for their years of cooperation and said he believed that the supply cut to Huawei was instigated by US politicians rather than US companies.
Read More »OPEC+ Considers Oil Production Increase in the Second Half of 2019
Oil prices have rose by more than 30 percent this year.
Read More »Iran. Turkey Ready to Strengthen Economic Cooperation
Turkey is the destination for over 50% of Iran’s non-oil exports.
Read More »Australia Could Win Big From the U.S.. China Trade War
US LNG is a competitor to Australia. so the tariffs work to take Australia'.s main competitor out of the market.
Read More »OPEC. Allies Reaffirm Commitment to A Balanced Oil Market
Average conformity has reached 120 percent since January 2019.
Read More »Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Exxon Mobil could Replace Russian Gas in Romanian Black Sea
Hungary is forced to import natural gas. 85 per cent of which is consumed by households.
Read More »U.S. LNG Exporters Hard Time due to Trade War with China
U.S. shipments of LNG to China hit a record in 2017.
Read More »Too Early to Assess Impact of U.S. Iran Sanctions on Market
The OPEC+ alliance feels that it’s still too early to assess how the end of the U.S. waivers for Iranian buyers will impact the oil market as of this month.
Read More »Pakistan. One of the World’s Fastest Growing LNG Markets
Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.
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