Oil prices this month have not been so high in three years.
Read More »BP to Ramp up Production from Kirkuk Oil Fields
The Kirkuk’s fields including Bai Hassan and Avana currently pump 140.000 to 150.000 barrels a day.
Read More »IEA: OPEC Compliance Level Stands at 129%
IEA analysts pointed out that the oil market is clearly tightening.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »IEA Displays Reasons for Slowdown in 2018 Oil Demand Growth
IEA analysts believe that steady OPEC production must be treated with caution.
Read More »Goldman Sachs: Crude Prices ‘Likely to Exceed’ Expectation
The market is currently experiencing Brent crude prices at around $70 a barrel. a price not seen since 2014.
Read More »JCPOA Accelerated Oil Talks
Iran exported an average of 2.559 million barrels of crude oil per day during September 23-December 21. 2017.
Read More »US Tries to strengthen its presence in Central Asia
Kazakhstan. US conclude a number of commercial contracts. including in the oil and gas sector.
Read More »Chinese Oil Demand to Grow 5% to 12 million b d in 2018
Domestic gas production is forecast to rise 8.8% year on year to 160.6 Bcm in 2018.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
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