Imports to Japan. which announced official figures on Tuesday. were down by more than 30 percent at a bit less than 216.000 bpd.
Read More »Bahrain Minister Calls for Freezing Qatar`s GCC Membership
Bahrain will not attend the upcoming GCC summit if Qatar takes part.
Read More »Oil Markets Stable on Expected Extension of Output Cuts
Confidence in the oil market is evident in the way financial traders have positioned themselves.
Read More »Big Oil Has Learned To Live With Lower Oil Prices
Over the last couple of years. Big Oil has demonstrated more than once that it’s set on becoming more flexible. leaner. and more efficient.
Read More »Azar Oilfield Output Exceeds 4.6m Barrels
Azar. with an extraction rate of 16%. is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Trump`s Threat to Scrap Iran`s Nuclear Deal Imperil Peaceful Negotiations with N.Korea
Donald Trump'.s threat to scrap the Iran nuclear deal could imperil efforts to negotiate a peaceful outcome with North Korea.
Read More »Iraq Ups Crude Export Capacity
On Friday. Kurdish and Iraqi pro-government forces which had fought battles as Baghdad took over Kirkuk and other disputed areas announced a ceasefire.
Read More »Iran – Germany Group Inks Pipe Deal with NIOC
A total of 12.500 drill pipes and 1.800 drill collars will be delivered to NIOC.
Read More »Rosneft Not Obliged to Report on Iraqi Kurdistan Projects
The September 25 independence referendum in oil-rich regions of Iraqi Kurdistan and Kirkuk led to a military operation driven by the Iraqi government forces.
Read More »The Petrodollar’s Biggest Challengers
While China pushes for the petro-yuan. Russia is also making moves which could have serious implications for the U.S. dollar.
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