Iraq’s commitment to the latest deal is critical to the cartel’s success.
Read More »Iraqi PM Greets Close Ties with Iran
Iranian FM Zarif will lead a high-ranking politico-economic delegation to Iraq after concluding his visit to India.
Read More »Goldman Cuts Oil Price Forecasts for 2019
A surge in OPEC production in late 2018 means the market started this year better supplied than the last.
Read More »Trump: OPEC Is a Monopoly
Trump credits his own talent for having brought down oil prices.
Read More »US-China Talks over Trade War Increased Oil Prices
For most of the past year. China and the US have been locked in a trade dispute disrupting the flow of goods.
Read More »No Barrier to Record Russian Oil Output in 2018
The country expects its total oil output to hold steady over the full year.
Read More »UAE Energy Minister Optimistic about Energy Market Balance
UAE remains optimistic about achieving a market balance during the first quarter of 2019.
Read More »Iraq Multi-Billion Deal With Exxon. PetroChina in Progress
The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.
Read More »Saudi’s Economic Fortunes Rest on Non-Oil Sector
It is on the non-oil sector that the kingdom’s economic fortunes will ultimately rest.
Read More »Kuwait Promises Commitment to OPEC Cuts
The oil market is in a better place today than it was a few years ago.
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