twitter linkedinfacebookacp contact us

Industry

South Korea has announced it will suspend imports of Iranian crude oil from July 2012 after the European Union confirmed that it would impose sanctions to cut off insurance services for crude shipments from the country

High production levels and strong oil prices  boosted the Organisation of Petroleum Exporting Countries (OPEC) crude export earnings to an all time high of US$1.026 billion in 2011

More Articles …