Tag Archives: Mubasher GMF

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

In the same period last year. rig count stood at 743 rigs. which shows the continuous rise in American crude production.

India is weighing developing an alternative payment system to purchase Iranian crude oil.

Donald Trump recently accused OPEC of ``ripping off`` the world.

Two OPEC members are looking to damage the group and undertake policies against Tehran for the US.

The US company stated that it would invest billions of dollars.

American oil production remained at its highest level ever at 11 million barrels per day.

EIA reported on Thursday that the country’s natural gas storage climbed by 33 billion cubic feet (Bcf) the week ended 10 August.

In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.