Iraq is OPEC’s second-largest oil producer after Saudi Arabia.
Read More »Russian Rouble Weakenes by Geopolitical Tensions between Russia-UK
The market awaits the U.S. inflation data later in the day which could offer clues on the pace of interest rate rises this year.
Read More »NIOC Signs Oil Exploration Deals with Academia
A total value of about $2.5 million has been allocated to the five contracts. which are planned to be carried out in 10 years.
Read More »OPEC Sacrificed Venezuela and Angola for the Greater Good
The fall in oil prices had an immediate and dramatic impact on drilling activity.
Read More »Saudi IPO May Be Delayed Until 2019
Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.
Read More »OPEC Divided on the Right Price for Oil
Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.
Read More »India will Pay Iran’s Oil Sales Debt in Euro
Indian government has focused on developing phase one of Chabahar Port.
Read More »Japan will Offer over 300mn Yen for North Korea Nuclear Inspections
Japan is expected to work with the United States and South Korea to work out a roadmap for North Korea'.s denuclearization.
Read More »Iran: OPEC could Agree in June to Start Easing Oil Output Cuts in 2019
Iran will press for carefully bringing back some of its own production.
Read More »Saudi`s Concern about Risks with New York IPO for Aramco
New York and London have long been the clear frontrunners to host the international leg of the flotation. alongside a Riyadh listing.
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