Despite its discontent. Bagdad prefers to maintain good relations with Russia for several reasons.
Read More »Oil Prices Down on Iran Sanction Exemptions
China was given a waiver to import around 360.000 bpd from Iran during the exemption period.
Read More »Iran will Continue to Sell Its Oil amid US Sanctions
Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.
Read More »Iraq`s Kurds Upgrade Oil Export Pipeline
The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.
Read More »Iran Sanctions will Threaten the Oil Market
Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.
Read More »Oil Markets Seeks Alternatives as US Sanction on Iran Hit
Iran exported the equivalent of 2.5 million barrels a day in April.
Read More »U.S. And OPEC Add Huge Volumes of New Supply to Soften Oil Market
The 15 countries in OPEC produced an average 33.31 million barrels per day in October.
Read More »Egyptian Intel Is Big Gainer From Israeli Gas Deal. Report Says
The Egyptian intelligence service is slated to receive 80 percent of the income from East Gas.
Read More »Iraq Will Stop Kirkuk Oil Exports to Iran
Kirkuk is one of the biggest and oldest oilfields in the Middle East.
Read More »Oil Firms Stick with Saudi Through Khashoggi Scandal
The United States will remain a key part of the Saudi economy.
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