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Tag Archives: oil

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Unexpectedly for the market, the cartel raised the quota on the extraction of oil to 31,5 million barrels per day….

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Middle Eastern countries have a more complex and extensive pipeline system than countries in North Africa. Firstly, this region contains…

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Saudi Arabia is ready to raise stakes in its war against US shale and other low-cost oil producers. Originally appeared…

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China has put its new global payment system in place in a move to challenge the US-dollar’s dominance. Major oil…

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As the world’s security situation deteriorates day to day since the onset of the financial crisis and wars and conflicts…

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US dollar is withdrawn from Russian-Chines oil trade. In 2015 China paid for all supplies of ESPO crude from the…