Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »Caspian Pipeline to Boost Oil Exports
The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.
Read More »South Pars Oil Output Surpasses 1m Barrels
Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.
Read More »Brent Oil Price Exceeds $52 bbl
OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.
Read More »Afghanistan Imports 30% of Oil. Gas from Iran
Afghanistan is importing all its oil and gas from Iran. Turkmenistan. Kazakhstan and sometimes from Iraq.
Read More »Caspian Oil Pipeline Eyes Massive Expansion Thanks to New Oilfields
Oil exports via the Caspian Pipeline Consortium (CPC) rose by 3.6 percent to 44.3 million tonnes in 2016.
Read More »Russia Cuts Oil Output by 300.790 bpd
Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.
Read More »OPEC May Announce Short Extension of Output Deal
OPEC countries agree on extension of the deal. but Iraq and Iran will not be part of it.
Read More »Russia Reaches Almost Full Compliance with Oil Output Cuts
Russian oil production declined by 254.000 bpd from April 1-26 compared with the reference level of October.
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