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Month: September 2017

Category:
  • Iraq

Iraq warns Kurds as they claim victory in independence vote

Iraq’s prime minister on Tuesday ordered the Kurdish region to hand over control of its airports to federal authorities or face a flight ban, as the Kurds claimed victory for Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Iraq

U.S. dismayed by Kurdish vote

The U.S. State Department said it was dismayed by a decision from the Kurdish government in Iraq to move ahead with a referendum for independence. Photo by Gailan Haji/EPA Sept. Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Iraq

Iraq Orders Kurdistan to Surrender Its Airports

Iraq’s prime minister on Tuesday, angered by a vote on independence by his nation’s Kurdish minority, gave the country’s Kurdish region until Friday to surrender control of its two international Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Iraq
  • Prices

Oil Back in Bull Market as Kurdish Vote Amplifies Supply Risk

Turkey says can halt Kurdish exports amid independence vote Supply gap could emerge in market as early as 2018: Citigroup U.S. crude was back in a bull market Tuesday as Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco to venture into non-Saudi crude oil trading: sources

Saudi Aramco’s trading arm will start trading non-Saudi crude oil to mainly feed its international joint ventures as the world’s largest oil exporter seeks to optimize profits, industry sources familiar Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Iraq

Kurdish Vote Won’t Spark A Sustained Oil Price Rally

Turkey and Iraq have stepped up the pressure on Kurdistan after the semi-autonomous region of Iraq voted for independence. Turkey’s President Recep Tayyip Erdogan threatened to block Kurdish oil exports Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Kuwait

Kuwait Greenlights Game-Changing Gas Fields Project After Years of Delay

Kuwait is green-lighting the development of non-associated gas fields after seven years of delays, according to a new report by S&P Global Platts, in a move that would more than Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s NNPC expects force majeure on Bonny Light to be lifted ‘very soon’

State-owned Nigerian National Petroleum Corporation expects the force majeure on Nigeria’s Bonny Light crude to be lifted “very soon,” Mele Kyari, group general manager of NNPC’s crude oil marketing division Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • China

Chinese Economy Has ‘Darker Story’ Ahead, China Beige Book Says

Industrial profits jump 24% in August as capacity curbs bite Survey of executives questions government progess on reforms The world’s second-largest economy keeps on delivering positive surprises this year, such Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple
Category:
  • Asia
  • Economy

Growth prospects for energy-hungry Asia revised higher

Growth in the developed economies of Asia should continue, especially if crude oil prices stay at moderate levels, the Asian Development Bank said. “Growth prospects for developing Asia are looking Continue Reading

Posted On : 27 Sep 2017 Published By : Tom Whipple

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