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Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Iranian Light Oil Price at $54.81 In a Week
With OPEC-led supply cuts supporting prices. but rising U.S. production capping crude. many analysts see markets balanced in 2018 and 2019. with Brent in a $50-$60 range.
Read More »OPEC at Odds with Rosneft Over Oil Outlook
The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.
Read More »US Shale to Help Power Shell’s Multi-Billion Dollar Chemicals Drive
Shell believes it can almost double the earnings from its chemicals business within the next two years.
Read More »China`s CEFC Eyes Big League with Rosneft Oil Offtake Deal
ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.
Read More »OPEC Favors 9-Month Extension of Production Cut Agreement
OPEC would be willing to do ``whatever it takes`` to balance the oil market.
Read More »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 »Novatek `Won`t Waste Time` Lobbying for End to Russia Natural Gas Export Monopoly
Analysts see more likelihood of a shift in policy with regards to Gazprom'.s planned 38 Bcm year exports to China via the Power of Siberia pipeline.
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 »OPEC Oil Output Cuts `Working` but Need to Run to End-2018: Total CEO
Global oil stocks are likely to have fallen in Q3 for just the second time since oil prices started collapsing in 2014.
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