Iraq has started work on the third and final phase of the Halfaya oil field expansion.
Read More »Iran Becomes No.2 Oil Supplier to South Korea in First Quarter
Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.
Read More »Iran to Pursue US Lack of Commitment Toward JCPOA
US President Donald Trump is an outspoken critic of the agreement negotiated by his predecessor Barack Obama.
Read More »OPEC Secretary-General Participates in 3rd GCC Petroleum Media Forum
The project is aimed at developing a comprehensive. multi-dimensional and easy-to-use tool for analysing publicly available oil and gas data.
Read More »India Replaces Japan as No. 2 LPG Importer
Total LPG imports stands 23 per cent more at 11 million tonnes in fiscal 2016-17.
Read More »Oil Resumes Rally as OPEC Seen Extending Cuts. Dollar Declines
The Bloomberg Dollar Spot Index lost 0.4 percent.
Read More »Iranian Crude Oil at $53 Per Barrel
Saudi Arabia. the world'.s top producer ahead of Russia. is responsible for almost one-fourth of the total cuts.
Read More »China Exports Record Diesel Volumes
China became a net exporter of fuel products in late 2016.
Read More »Mexico Oil Sector Decline
Production in Mexico has declined for 12 years in a row and this year will be less than 2 million barrels a day.
Read More »OPEC Oil Price Drops Below $50/bbl
The price for June futures of West Texas Intermediate (WTI) has grown by 0.58 percent and stood at $49.91 per barrel.
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