Tag Archives: United States of America

U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.

U.S. President Donald Trump on Friday criticized NASA for aiming to put astronauts back on the moon by 2024 and urged the space agency to focus instead on much bigger initiatives like going to Mars.

NASA will allow private citizens to stay at the International Space Station (ISS) for month-long getaways at a cost of about $35.000 per night. the U.S. space agency said.

Some of China’s investments have been welcomed by regional actors.

The US move is an instance of economic terrorism and in line with the hostile policies of the White House towards the Iranian nation.

The administration of US President Donald Trump has announced new sanctions on Iran. targeting the country’s petrochemical industry. including its largest petrochemical holding group. called Persian Gulf Petrochemical Industries Company (PGPIC).

The U.S. Gulf Coast saw its crude oil imports in March at their lowest level since 1986.

US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year.

West Texas Intermediate crude entered a bear market and Brent tumbled below $60 after U.S. petroleum inventories ballooned. raising fears of a glut as trade disputes threaten demand.

Tillerson supports the president’s trade objectives but may not support the tactical moves.