Sentences with phrase «important oil trade»

Italy is Libya's nearest European neighbour and the most important oil trade partner, receiving 30 % of the 1.3 million barrels a day exported under the Gaddafi regime in 2010.

Not exact matches

China claims most of the South China Sea, an important trade route which is believed to contain large quantities of oil and natural gas, and has been building artificial islands on reefs, some with ports and air strips.

Japan is a very important trade partner of Iran, from which the Japanese buy oil and gas, like many other countries.

It's no surprise; oil is the world's most important commodity and the most heavily - traded one by far.

An effort to rebalance the oil market is important because it should help support energy companies, risk appetite and reflation trades.

China was by 2010 one of Libya's most important trade partner's, too, with projects worth more than $ 18 billion underway including several ventures in the oil sector.

Of course, German and French banks are much more cool, than Lithuanian, but here we talk about switching from dollar in oil trades - and this is critically important for US I think.

Russia, too, is feeling the heat from Europe's meltdown, with the EU being its most - important trading partner, particularly for oil and gas.

Farmers, ranchers and other food growers along with food producers, petroleum companies who either drill for oil or natural gas or refine these products - or both, financial institutions with enormous holdings in treasuries, equities or currencies, mining interests and their buyers - all these areas of production and distribution employ futures trading spreads from time to time as an important aspect of their businesses.

Equally important to global prices, OPEC's oil exports represent about 60 % of the total oil traded internationally.

There are other issues that are important to a lot of people and their numbers are increasing as they learn about the other issues: health for humans and animals, job creation, protection of the environment, balance of trade deficit due to imports of oil, preservation of natural resources that have better uses than just being burned, energy independence, global warming, the prestige that early adopters enjoy and the good feeling some people get from knowing that they have made a decision that is good in some way.

The Keystone XL Pipeline will give America energy independence, if there is ever a war in the Middle East our oil supply could be cut off, and with the XL we won't have that problem, 42,000 jobs will be created, 2 Billion paid to workers will give our treasury a boost, if we don't get approval Canada will sell the oil to China, they are our trading partners and our enemy, the pipeline will be a good thing for Americans, lower prices at the gas pump, and jobs for growth where as of now, we are not growing like we have in the past, just a few are against this but we have Millions of Americans who want it and they are more important than the few.

A statement from Bob Tippee, Editor of the trade publication Oil & Gas Journal, praised the bill for «[leaving] intact important adaptations of taxation» that benefit the oil and gas industOil & Gas Journal, praised the bill for «[leaving] intact important adaptations of taxation» that benefit the oil and gas industoil and gas industry.

Oil is so important that the peak will have vast implications across the realms of war and geopolitics, medicine, culture, transport and trade, economic stability and food production.