Russian oil company says it sent the U.S. its largest ever oil shipment
Gazprom Neft said nearly 2 million barrels from the Badra oil field in Iraq is on its way to the United States.
Gazprom Neft said nearly 2 million barrels from the Badra oil field in Iraq is on its way to the United States.
As the U.S. and its allies look to impose even stricter measures against North Korea, leader Kim Jong Un could find inspiration from oppressive regimes of yesteryear in Nazi Germany and Apartheid-era South Africa.
Russian smugglers are scurrying to the aid of North Korea with shipments of petroleum and other vital supplies that could help that country weather harsh new economic sanctions.
OPEC and its allies are discussing extending by more than three months the oil production cuts that expire in March 2018, potentially prolonging them well into the second half of next year in an effort to boost prices, according to people familiar with the matter.
While ISIS is steadily losing its hold on populated areas, it still controls a not-insignificant portion of territory that contains oil and oil infrastructure.”
Sellers of crude to U.S. refineries that are still assessing the damage from Hurricane Harvey are seeking an alternative home for their supply.
An open military conflict in Northern Asia would disrupt more than a third of global seaborne crude oil trade, Wood Mackenzie warned last week amid yet another escalation between North Korea, its neighbors, and the U.S.
The current sanctions are not targeting the most vital commodity for North Korea’s military.
The Army is now putting the truck through its paces to determine whether hydrogen vehicles are viable options for military missions.
The chokepoint, near where Sunday’s collision between the USS John S. McCain and an oil tanker occurred, is one of the world’s busiest shipping routes.