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Luaibi did not say which countries have suggested a six- month extension of the agreement.
Read More »Some Oil Exporting Countries Suggest Six-Month Supply Cut Extension
Iraq’s Oil production not Affected by War against IS
Iraq’s oil exports for February exceeded 95.940 million barrels.
Read More »China Oil Futures may Threaten Primacy of U.S. Dollar
China surpassed the United States in 2017 to become the world’s largest oil importer.
Read More »Sinopec Inks First Deal to Buy Oil Priced Off Shanghai Crude Futures
The liquidity for Shanghai crude futures will surpass that of DME.
Read More »East Med Gas could Supply Europe
ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.
Read More »Crude Battle is Much More Than OPEC vs U.S. Shale
The risk for OPEC and its allies is that this sort of market share is hard to recover once the self-imposed production cuts are lifted.
Read More »Merkel Emphasis Need for EU Unity
The pipeline would ship Russian gas to Germany. avoiding transit through Ukraine.
Read More »Total to Seek Waiver if U.S. Reimposes Iran Sanctions
If the U.S. decides not to sign the waiver ... we will ask for a waiver from the U.S. authorities.
Read More »Total to Seek Waiver if U.S. Reimposes Iran Sanctions
If the U.S. decides not to sign the waiver ... we will ask for a waiver from the U.S. authorities.
Read More »Azerbaijan Considers Possible Membership with OPEC
OPEC’s headquarters in Vienna could not immediately be reached for comment.
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