US Treasury Lifts Sanctions on CPC and Tengizchevroil: A Strategic Move for Oil Exports
May 16, 2025
On May 15, 2025, the US Department of the Treasury announced the removal of anti-Russian sanctions affecting the Caspian Pipeline Consortium (CPC) and the Kazakh company Tengizchevroil. This decision facilitates the resumption of operations previously ...
chat_bubble0 Comment
visibility373 Views
China Slashes US Oil Imports, Turns to Canadian Supply Amid Trade Tensions
April 17, 2025
China has drastically reduced its imports of US crude oil by 90%, effectively bringing purchases to near zero. This development comes as Chinese oil refineries pivot toward record levels of oil imports from Canada, according ...
chat_bubble0 Comment
visibility539 Views
Oil Prices Decline to Lowest Levels Since 2021 as Trade War Intensifies
April 9, 2025
Oil prices experienced a significant decline on Wednesday, marking the fifth consecutive day of losses and reaching their lowest level since February 2021. This downturn follows the implementation of “reciprocal” tariffs by U.S. President Donald ...
chat_bubble0 Comment
visibility449 Views
