Tag Archives: United States of America

China is trying to stem the slowdown with aggressive fiscal stimulus measures.

Some energy industry officials are pressuring the Trump administration to hold off.

The US became a net exporter of natural gas on an annual basis in 2017.

U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.

Aramco is a major gas player but much of its production is used domestically.

Germany and Russia have been at odds since Moscow annexed Crimea from Ukraine in 2014.

Both crude price benchmarks had already gained more than 2 percent in the previous session.

China hit US LNG with a 10% tariff in September and threatened to increase it to 25%.

Trump credits his own talent for having brought down oil prices.