Kirkuk crude sales have been halted since Iraqi forces took back control of the oil fields from the Kurds last October.
Read More »Birol: China Drives Global Oil Demand
India follows China in terms of growth in the demand for oil.
Read More »OPEC – Shale Competiton?
Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.
Read More »Iraq Overtakes Saudi Arabia as India`s Top Oil Supplier
In the current fiscal so far. the Middle East has accounted for 117.5 MT of crude oil supplies from India.
Read More »More Oil has been Identified in UK Waters
Production in 2018 is set to increase as new fields come on stream.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »Iran Exports $5.5bn Non-Oil Products to Iraq
The average cost of Iran exports to Iraq has been $460 since the beginning of the current Iranian calendar year.
Read More »Iran will Sign Three Oil Deals this Month
Iran had asked international companies to bid for the second phase of development of Yadavaran and North Azadegan oilfields last year.
Read More »Saudi Arabia Likely Cut April Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Iran Extracts 1.377bn cbm Gas from Southern Zagros Fields
Southern Zagros Oil and Gas Operation Company is a subsidiary company of the National Iranian South Oilfields Company.
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