Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
Read More »Kurdistan’s Oil Exports Still below Pre-Conflict Levels
In the middle of last month. Iraqi government forces seized oil fields around Kirkuk. which had been under Kurdish control since 2014.
Read More »Saudi Arabia Aims at Extending OPEC Deal to 2018-End
Many experts and officials are expecting the output cut agreement to be extended.
Read More »OPEC. Russia have Showdown over US Shale Drilling Ahead of Meeting
Saudi Arabia and Russia have been the drivers of the production agreement.
Read More »Iraq`s Southern Oil Exports Rise to Near Record
The bulk of Iraq'.s oil is exported via the southern terminals.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »Oil Price Drop Imminent If Moscow Says “No“ To Extension
Reports emerged last week that Russia is considering a delay on the decision to extend the cut.
Read More »Oil Markets ‘Need to Extend Output Cut Deal’
The UAE has not ceased oil investments since the onset of the price fall.
Read More »Wild Swings in Iraq Oil Production Give OPEC another Problem
Fighting over Kirkuk and other regional tensions contributed to the increase in prices.
Read More »Iran is looking for New EU Oil Clients
Iran’s biggest oil importer in Asia is China which is followed by India and South Korea and eventually Japan.
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