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Experts. including Mark Mobius of Franklin Templeton. are betting on a subdued dollar to push the price of oil to a high of $100 a barrel by next year.
Read More »OPEC Countries Plan Super Group to Stabilize Oil Market
OPEC Countries Plan Super Group to Stabilize Oil Market
Experts. including Mark Mobius of Franklin Templeton. are betting on a subdued dollar to push the price of oil to a high of $100 a barrel by next year.
Read More »Iraq Resumes Rail Transport of Oil Products to Basra
Iraq has resumed transporting oil products by rail from the Dawra refinery in Baghdad to Basra in the south which was halted after the 2003 U.S.-led invasion.
Read More »Iraq Asks BP to Study Developing Kirkuk Oilfields
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
Read More »Iraq Builds Kirkuk Oil Refinery
The Kirkuk refinery will provide oil derivatives with high quality specifications. such as high octane gasoline and other derivatives.
Read More »Iran to Export LNG to Basra by Next Year
Iran has already started exporting gas to the Iraqi capital of Baghdad and it will begin exporting LNG to Basra in the coming months.
Read More »Oil Min Dismisses Claims on Oil for Fighter Jet Barter
Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.
Read More »Iran Can Boost Output Fast If OPEC Ends Cuts
OPEC. allied suppliers to meet in June to assess crude market .
Read More »Iraqi Oil-Export Ambitions Puts Strain on OPEC Accord
Iraq shipped a record 3.55 MMbopd from Basra. the country’s southern outlet to the Persian Gulf. in January.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
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