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ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.
Read More »ADNOC Drilling to Set Up Partnership with Baker Hughes
U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
Read More »Oil Steady on Iran Sanction Worries. Surging U.S. Supplies
U.S. crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.
Read More »Oil Heads for Monthly Gain on Iran Risks and as OPEC Clears Glut
Concerns rise that US exit from nuclear deal with Tehran will result in sanctions on Iranian oil and reduced exports.
Read More »Saudi Aramco Oil Reserves Higher than Reported
The Aramco board meets next in early May in Houston. where they will review the latest IPO developments.
Read More »Rising U.S. Rig Count Knocks Oil
U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »Oil Rises on Syria Tensions
A surplus in global oil inventories is also close to evaporating. OPEC said on Thursday.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
Read More »Lack of Offshore Investment will Impact Future Oil Supply
Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.
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