India'.s February oil imports from Saudi Arabia and Iraq were nearly a third lower than the same month a year ago.
Read More »Falih: No Free Ride for US Shale Producers
There are concerns that the glut could persist because shale supply.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
Read More »Crude Prices Slip
Russia'.s production would need to fall by a further 100.000 bpd in March in order to comply with the agreement.
Read More »(P)GCC to Pump $320b into Power Projects
The UAE. Saudi Arabia and Kuwait have emerged as the biggest solar markets in the region.
Read More »Iran Interested in Joint Gas Field With Kuwait
Iran and Kuwait are taking steps to reach an understanding to develop Arash Gas Field in the Persian Gulf.
Read More »Russia Overtakes S. Arabia as Largest Crude Producer
Saudi Arabia’s crude exports declined to 8 million barrels a day in December.
Read More »Special Teams in Storm-Hit Khuzestan to Fix Power Grids
Last week that the ministry had allocated 1 trillion rials (around $25 million) to restore power in Khuzestan.
Read More »Iran Overtakes Saudi Arabia in Oil Export to South Korea
South Korea’s imports of crude oil from Iran doubled in January. the latest figures said.
Read More »