To prepare for the listing of Saudi Aramco. the government has undertaken a number of major preparatory measures.
Read More »International Oil Prices Slip as Trade Dispute Rise. U.S. Crude Stock Drop Supports
In U.S. oil markets. a decline in commercial crude inventories provided WTI with stronger support than Brent.
Read More »Saudi Energy Minister Denies Aramco IPO will be Called off
The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.
Read More »Iraq`s Southern Oil Exports Head for Record High in August
Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.
Read More »Iran Resumes electricity Supply to Iraq
Iraq to apply for an exemption from US sanctions against Tehran.
Read More »US Wants Russia`s Participation in Alaska Shale Gas. Oil Projects
The United States is showing interest in the participation of Russian businesses.
Read More »US Sanctions Two Russian Shippers for Oil Transfers to North Korea
Earlier this year. the US unveiled sanctions aimed at the illegal trade of petroleum products. coal and other goods with North Korea.
Read More »US to Offer 11 Million Barrels of Oil as Sanctions on Iran Crude Starts
Timing may reflect the White House’s concern over a tight oil market.
Read More »Saudi Arabia to Build Oil Port in Yemen
Earlier this month. Yemen was said to have resumed oil exports.
Read More »Trump Administration Accepts Energy Dominance Agenda
As of 2017. the EIA has calculated daily oil consumption in the country averaged 19.88 million barrels.
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