Petroleum product sales may be cut by 90 percent: proposal Move would come in retaliation for late-November missile test China has signaled it’s ready to back another round of United Continue Reading
China will limit exports of refined petroleum products to North Korea starting October 1, its commerce ministry said, confirming Beijing’s participation in new UN sanctions intended to rein in its Continue Reading
Petrol tankers queue up to transport crude oil at an oil-refining plant in China, a major oil supplier to North Korea. BEIJING—China said it will reduce oil exports to North Continue Reading
(Reuters) – Gasoline and diesel prices rose sharply in North Korea after its sixth nuclear test and as the U.N. Security Council imposed new sanctions capping fuel supply, market data Continue Reading
The resolution passed by the United Nations Security Council on Monday against North Korea should slash oil supplies to the isolated nation by 30% — a level which would have Continue Reading
Exxon Mobil’s deal to cut the price of liquefied natural gas (LNG) supplied under long-term contract to an Indian buyer has largely been viewed as a bad outcome for producers Continue Reading
U.S. needs Chinese, Russian support for new UN restrictions Russian leader says oil sanctions could hurt ordinary people The U.S. is circulating a draft resolution at the United Nations that Continue Reading
The United States has proposed an oil embargo against North Korea enforced by the United Nations after Pyongyang authorized nuclear tests that violated several UN resolutions. Yi encouraged the global Continue Reading
The Trump administration on Tuesday announced new sanctions in response to North Korean nuclear and ballistic missile tests, including penalties aimed at shutting down coal and oil flows into and Continue Reading
China’s trade with North Korea fell in July from a month earlier, data showed on Wednesday, as a ban on coal purchases from its isolated neighbor slowed imports amid growing Continue Reading
