Tag Archives: United States of America

The trade war between the world’s two biggest economies has weighed heavily on global trade.

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.

OPEC and other major producers are considering coordinated output restrictions to stem a further drop in prices.

Crude reserves increased 6.4 billion barrels. or 19.5 percent. to 39.2 billion barrels at year-end 2017.

The output from the troika is the fastest-growing element in global oil supplies.

The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.

Egypt has signed a deal with Cyprus for the construction of a pipeline that will channel gas from the island’s Aphrodite field to facilities in Egypt.

Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.

Iran is OPEC’s third-largest producer. providing more than 2 percent of global oil output.

The Russian parliamentarians already announced that Moscow will continue fulfilling its commitments with Syria.