Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »U.S. Sanctions will not Stop Gazprom Financing of Nord Stream 2
The new pipeline will double Russia’s export capacity of 55 billion cubic metres to Germany.
Read More »Trump Convinced Saudi King to Ramp Up Oil Production
US president says convinced Salman to raise output by as much as 2 million bpd.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »Mike Muller. Former Shell Oil Trading Boss Joins Vitol
Vitol is seen as one of the largest crude traders in the North Sea.
Read More »Oil may Surpass $90pb if Iran`s Crude Exports Disrupt
US President Donald Trump sustained attempt to disrupt Iran’s oil exports would push crude prices above $90 per barrel.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
Read More »Oil prices Decline. Market Tight on Disruptions. Record Demand
Analysts warn that the market has little spare capacity to deal with further disruptions.
Read More »Germans have Little Faith in the USA as a Supply Partner
The Germans consider Norway (71%). Canada (52%) and Russia (49%) to be the most reliable energy partners.
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