Oil

Qatar is suffering from the repercussions of Saudi’s sales strategy.

National oil firm outlines ambitious growth plans for the next two decades.

Import of products from Indonesia hit from $151 million in the nine months of the past Iranian calendar year.

The U.S. will add about 1 million barrels a day of new supply this year.

Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.

Growth in U.S. shale could average about 1 million barrels a day this year.

Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.

Light and heavy crudes have averaged $68.62 and $65.48 per barrel so far in 2018.

Libya boasts oil reserves of 41 billion barrels. perhaps the largest in Africa.

Reacting to the Total’s statement. Iranian Oil Minister Bijan Namdar Zanganeh said Total will lose all of its investment if it pulls out of the deal.