Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.
Read More »Trump Accused OPEC of Prices Manipulation
Trump said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.
Read More »Eni Agreed to Merge Its Norwegian Business with Point Resources
The Italian firm said the joint company will have a daily production of around 180.000 barrels of oil equivalents.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »Kuwait will Rise Oil Output by 85.000 bpd
OPEC agreed with Russia and other oil-producing allies this month to raise output from July by about 1 million bpd.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
Read More »Iran Asks OPEC Members to Abstain from Unilateral Actions
Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.
Read More »India Hunts for Gas
The South Asian giant consumes almost 22 million metric tonnes a year of liquefied natural gas.
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