Iran produces roughly 3.5 million barrels of oil per day. The US has been for decades trying to make sure no country buys it, but the customers kept coming to the Islamic nation in the Gulf. The ...
Iranian crude oil has a rare chemical profile that neither American shale nor Venezuelan heavy crude can replicate, making it irreplaceable for refineries across Asia. Here is the science behind why ...
Light crude from the U.S. has been winning over customers globally with its low sulfur content and refining qualities similar to other light grades from the North Sea and Africa. If Permian crude gets ...
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