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 ...
The Saudi authorities has introduced plans to compensate nations for potential losses to maintain the worldwide crude market in stability after Washington’s choice to finish waivers granted to consumers of Iranian oil. Learn Extra at mysouth.su ...
Russia replaces Venezuelan crude on European markets
Posted On Monday, April 15, 2019 By Russian Opinion. Under Economy Tags: crude, European, Markets, replaces, Russia, Venezuelan
European refiners are switching to Russian bitter grades as US sanctions have shrunk Venezuela’s similar-grade exports, Reuters stories, including that the Russian bitter crude is getting more and more costly. Learn Extra at mysouth.su ...
Oil markets woke from a five-month slumber with costs hitting a 2019 excessive above $ 69 a barrel after Saudi Arabia lower greater than it had agreed with the Group of the Petroleum Exporting International ...
US sanctions assist India change into No.1 purchaser of Venezuelan crude
Posted On Wednesday, February 20, 2019 By Russian Opinion. Under Economy Tags: become, buyer, crude, help, India, no.1, sanctions, Venezuelan
Imports of Venezuela’s oil by India surged 66 % within the first half of February to 620,000 barrels a day. The nation boosted its purchases from the Latin American nation after US stopped shipments from Caracas. ...
Oil costs are gaining on Tuesday because the OPEC-led provide deal and US penalties towards Iran and Venezuela start to take maintain after crude futures hit two-week lows earlier this week. Learn Extra at mysouth.su ...
