Oil

Russian energy juggernaut annoys Baghdad as it pumps in cash to restive region under crude oil purchase contract.

The IEA estimates that U.S. crude oil is expected to rise until reaching a peak in the 2020s of about 17 million bpd.

The field'.s current output. which stands at 80.000 bpd. will increase by 20.000 bpd as soon as the 13 newly-drilled wells go on stream.

According to results announced by the KRG. nearly 93 percent of registered voters cast ballots in favor of independence.

A total of 48.000 contracts have traded over the last few days that would profit most if Brent spikes before Christmas.

Iran'.s own data submitted to OPEC pointed to bigger cuts.

The Venezuelan economy has been in recession for four years. where food shortages. the lack of U.S. dollars and the depreciation of its own currency. has sent inflation soaring.

U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.

The policy dialogue titled ``Status of Petroleum E&.P in Pakistan: A Deliberation on Future Strategy"..

Dubai and Oman crude oil prices are respectively $58.77 and $58.70 per barrel. indicating an upswing of $2.51 and $2.56.