Most of Iraq’s oil is shipped through southern terminals.
Read More »Russia’s Crude Production Falls To Nearly Three-Year Low
Despite the rise in the June production. Russia was still complying. for a second month. with its pledge under the OPEC+ deal.
Read More »China`s Efforts to Reduce Air Pollution could Boost Solar Power
China is keen to boost the profitability of solar firms in order to reduce the subsidies paid to renewable energy providers.
Read More »Oil Minister Says Hopeful Iran`s Oil Exports will Improve
China is a signatory of the nuclear deal and has condemned Washington’s decision to exit the deal.
Read More »Iranian Oil-Laden Tanker Seized by UK Marines off Gibraltar Was Not Bound for Syria
Tehran has summoned the UK'.s ambassador to Iran over the incident. calling the seizure a form of piracy.
Read More »Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »OPEC Re-elects Nigeria’s Barkindo as Sec-Gen
Mr Barkindo was first elected as Secretary General of the bloc in 2016.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »G20 Meeting may Offer more Clarity for OPEC. Non-OPEC
China and India are among the world’s top oil consumers while Russia supplies oil to both of those nations.
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