Discovered in 1973. Nasiriya is Dhi Qar’s largest oilfield.
Read More »The Best and Worst Case Scenarios for Oil
Latest outlook does not fixate on any one situation and that’s no help.
Read More »Iran’s Light Oil Price up $1.2 in a Week
Iran'.s heavy crude oil price also experienced a $1.02 increase in the said week to settle at $60.49 per barrel.
Read More »Oil Markets to Balance Sooner Than Expected
OPEC doesn’t expect significant drawdowns in oil inventories in the first quarter of 2018.
Read More »Russia & China to Kneecap Petrodollar in 2018 Predicts Saxo Bank
China is by far the world’s largest oil importer. and many producer nations are already more than happy to transact in yuan terms.
Read More »Malaysia`s Petronas Confirms Exit from Iraq`s Majnoon Field
Petronas confirms its exit from the Majnoon oilfield. Iraq. together with Shell.
Read More »Russia Backs Gradual. Managed Exit from Oil Cuts with OPEC
Russia has been pushing for a timely exit from the cuts to make sure the market doesn’t overheat.
Read More »Putin’s Mr. OPEC Becomes an Oil Market Player
Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.
Read More »Turkey Intends to Increase Import of Oil and Gas from Azerbaijan and Iran
Azerbaijan and Iran are important countries in terms of energy resources.
Read More »Iraq to Use Drones to Protect Oil Pipelines
The only international crude pipeline now in operation in Iraq links the northern. semi-autonomous Kurdish region to Turkey'.s Mediterranean coast.
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