Tag Archives: International News Agency

Azar is shared with neighboring Iraq. where it is known as Badra.

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.

The Chinese plans to pay in yuan for oil are at early stages.

TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.

Moscow and Riyadh must first resolve those substantive issues before they can hammer out an oil deal that truly matters.

The necessary funds will likely be raised in multiple rounds.

Luaibi did not say which countries have suggested a six- month extension of the agreement.

Iraq’s oil exports for February exceeded 95.940 million barrels.

Crude prices has recovered to $70 per barrel but fast-growing oil exports from the United States (US)’s producers have restricted prices.

China surpassed the United States in 2017 to become the world’s largest oil importer.