Iran signed a cooperation agreement in May 2018 to set up a free trade zone with this union.
Read More »Oil Price Escape from 2019 High after China Reports Car Sales Drop
China’s vehicle sales last month fell by 15.8 percent versus the same month in 2018.
Read More »Oil Prices to Fall from $65 bbl to $50 bbl
US-China trade talks are set to resume next week in Washington.
Read More »Oil Settles at 3M High on OPEC Output Decline
Progress in the trade talks between the US and China helped to allay fears about fuel demand.
Read More »US Warns India Purchase of Venezuelan Oil
Trump gave India a temporary exemption from the embargo. which carried economic penalties for violations.
Read More »Oil prices Rise on Hopes for US-China Tariff Talks Progress
International Brent crude oil futures had yet to trade.
Read More »Chinese Economy Slowdown to Depress Global Oil Demand
Downside risks include a slowdown in global economy which would dent global crude demand.
Read More »Over 155 Companies Attending Iran’s Intl. Exhibit of Cement. Bitumen
The number of exhibitors has increased by 40 percent compared to the last year’s event.
Read More »Oil Prices Rise on OPEC Output Cuts. as U.S. Sanctions Bite
Growing U.S. supply and a potential economic slowdown this year could cap oil markets.
Read More »The Weakness of EV Makers
Despite the high costs. the sale of electric vehicles is set to grow over the coming years.
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