Tag Archives: United States of America

The EIA now sees US crude oil production averaging 12.4 million bpd this year and 13.2 million bpd next year.

The sanctions block all payments to PDVSA accounts.

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

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

The annual contract will begin from April.

The steps are part of a wider effort by the United States to undermine Mr Maduro.

Trump gave India a temporary exemption from the embargo. which carried economic penalties for violations.

US hostility has led it to support dictators. butchers &. extremists. who'.ve only brought ruin to our region.

Crude shipments to the U.S. from OPEC and its partners fell to 1.41 MMbpd in January.

Russia has been in full compliance with its pledge to gradually cut its oil production.