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Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.
Read More »Iraq. Turkey and KRG Talk over Resuming Kirkuk Oil Exports
Asia`s Oil Imports Slow as Economic Growth Pauses
U.S. President Donald Trump has introduced numerous tariffs on imports.
Read More »Saudi Arabia to Cut Aug Arab Light Crude Price from 4-yr High
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »Iraq Oil Exports from Southern Ports Rise to 3.521 Million bpd in June
Iraq exported 3.490 million bpd of crude oil in May.
Read More »Thanks to Rising Oil Prices. Saudi Economy Grows 1.15% in the First Quarter
Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.
Read More »Kuwait will Rise Oil Output by 85.000 bpd
OPEC agreed with Russia and other oil-producing allies this month to raise output from July by about 1 million bpd.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
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