Tag Archives: Market

Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.

Saudi Aramco is looking at additional investments in China.

Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.

Asia’s demand to refine crude oil into fuel products like gasoline and diesel will average 34.5 million barrels per day (bpd) in 2018.

State oil companies like Saudi Aramco are expanding their crude sales and refining capacity to better compete in a market flush with supply.

Reacting to the Total’s statement. Iranian Oil Minister Bijan Namdar Zanganeh said Total will lose all of its investment if it pulls out of the deal.

The technology focus is expected to continue for the company. which has plans for launches this year.

Saudi Arabia and Iraq are OPEC’s two biggest producers.

The comments from al-Falih were quickly met with pushback from the IEA’s top officials.

In global politics. as in business. there are no ``friends`` and there is no ``bromance.