Top oil exporter Saudi Arabia has raised production in May, a Reuters survey found, but not by enough to compensate for lower Iranian exports which collapsed after the United States Continue Reading
The United States will sanction any country which buys oil from Iran after the expiration of waivers on May 2, U.S. Special Representative for Iran Brian Hook said on Thursday. Continue Reading
U.S. Secretary of State Mike Pompeo on Thursday blamed Iran for attacks on oil tankers in the Gulf, saying it was an effort by Tehran to raise the global price Continue Reading
Khurmala Dome accounts for one-third of Iraqi Kurdistan’s oil output; the federal North Oil Company, which controlled the field until 2008, is taking legal action to reclaim it. Then-KRG Prime Continue Reading
Japan cut its Iranian crude oil imports by 51.6% month on month to 141,712 b/d in April before the expiry of US sanction waivers on May 2, according to data Continue Reading
When the Trump administration first imposed tariffs on $34 billion in Chinese imports in July, Andy LaFrazia figured it was just another curveball for his company. “Everyone was saying: ‘Oh, Continue Reading
Venezuela’s widespread gasoline shortages are starting to affect some cities in Colombia, where drivers depend on cheap fuel smuggled in from their socialist-governed neighbor. Residents of the Colombian border city Continue Reading
China is willing to meet reasonable demand for rare earths from other countries, but it would be unacceptable that countries using Chinese rare earths to manufacture products would turn around Continue Reading
When local investigators scoured a riverbed in southern Malaysia for clues in a chemical dumping case that hospitalized over one thousand people earlier this year, they found a cocktail of Continue Reading
China’s CNPC Capital, the financial arm of state energy giant China National Petroleum Corp (CNPC), said on Friday that a unit cited by a U.S. official this week as owning Continue Reading
