Tag Archives: Trade

OPEC exports are off by over 1.5 million barrels per day (bpd) since November.

NIOC started oil offering at IRENEX due to the US’s withdrawal from Iran’s nuclear deal and re-imposition of sanctions against Iranian oil sector.

China’s exports to Iran in January stood at $722 million showing a 58.3 percent drop from its previous $1.73 billion in the same period in 2018.

Top oil exporter Saudi Arabia is expected to raise April prices for most of the crude grades it sells to Asia.

The two sides are yet to sign any official agreement regarding the extension of the deadline.

Five rounds of crude sale have so far been taken place at the energy exchange.

Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.

Last year. Google quietly started an oil. gas. and energy division.

Higher energy prices will lead to higher gasoline prices in the U.S.

OPEC and its partners implemented a slightly different version of their supply-cut agreement in 2017-2018.