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OPEC would be willing to do ``whatever it takes`` to balance the oil market.
Read More »OPEC Favors 9-Month Extension of Production Cut Agreement
Iraq Wants to Bring Back BP after Regaining Control of Kirkuk Oil
BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.
Read More »Goldman: U.S.-Iran Standoff Is a Long-Term Threat to Oil Supply
U.S. sanctions could cut off a lot of Iranian oil trade finance.
Read More »Iraq Plans to Build New Refinery in Seized Kirkuk
Al-Luaibi said all the oil fields in the province are back under government control.
Read More »Gazprom Neft Unhappy with OPEC-Russia Production Cut Deal
In Iran. Gazprom Neft has field plans to develop two oil fields— Changouleh and Cheshmeh Khosh.
Read More »South Korea`s September Iranian Crude Oil Imports Rise to Six-Month High
The world’s fifth-biggest crude importer shipped in 1.83 million tonnes of crude oil from Iran in September.
Read More »Trump Just Made Iran a Wildcard
A potential military confrontation in the Arab Persian Gulf should not be ruled out. It will unquestionably block oil and gas lanes. and spike oil prices to unknown levels.
Read More »India Needs Help to Boost Oil Production
India needs urgent measures to address the inexorable increase in domestic energy demand. which is driven mainly by the fast urbanization of the population.
Read More »Saudi Arabia Is Losing Market Share to Its OPEC Rivals
Iran is growing its production. as it was allowed to pump an additional 90.000 bpd based on its October production level under the OPEC cut deal.
Read More »Rising OPEC Production Weighs On Oil Prices
Under the production agreement. OPEC committed to 32.5 million bpd.
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