US financial strain on Iran and Venezuela has disadvantaged world oil markets of two massive exporters. Nonetheless, this hole has been crammed by Russian provides, incomes its oil companies a minimum of $ 905 million ...
Oil costs regained floor on Friday with a mean 2% rise after their greatest fall in over three years. It adopted US President Donald Trump’s risk of one other tariff hike on Chinese language imports. Learn ...
China’s oil big PetroChina has dug some eight,882 meters under Earth’s floor to create the deepest oil effectively on land in Asia. The earlier document was set by one other Chinese language oil main. Learn Extra ...
Oil costs sank on Tuesday after President Trump and US Secretary of State Mike Pompeo struck a softer tone on Iran. The market acted swiftly, promoting off crude oil. Learn Extra at mysouth.su ...
India and Russia proceed to bolster their vitality cooperation, and now India is methods to ascertain oil transport routes from Russia’s Far East India’s east coast. Learn Extra at mysouth.su ...
South Korea's largest power and chemical firm, SK innovation, has boosted oil shipments from Russia and different exporters to offset Iranian condensate provides it misplaced after the top of US sanction waivers. Learn Extra at mysouth.su ...
Washington’s struggle on Venezuela’s financial system undermines stability on world markets, the nation’s oil minister Manuel Quevedo advised OPEC cartel, simply days after the US positioned him on sanctions record alongside different Caracas officers. Learn Extra ...
China ramps up crude oil imports regardless of Washington’s clampdown on Iran
Posted On Friday, May 10, 2019 By Russian Opinion. Under Economy Tags: China, clampdown, crude, despite, imports, Iran, ramps, Washington's
Oil imports by China unexpectedly surged in April to a document regardless of refinery upkeep outages and tepid home gas demand, in line with knowledge from the Chinese language Normal Administration of Customs. Learn Extra at ...
A yr after President Trump unilaterally withdrew from the Iran Nuclear Deal, its European signatories, who nonetheless honor the settlement, have expressed concern over the US determination to not lengthen waivers on oil commerce with Tehran. ...
The switch of Russian crude oil into Poland and additional into Europe by means of one of many pipeline branches going by means of Belarus has been suspended after Warsaw refused to course of the oil ...
