The new coronavirus (COVID-19) outbreak is posing a serious challenge to Iraq and its oil sector at a crucial moment of political transition. So far, senior health officials said, five Continue Reading
OPEC for now is planning to hold its ministerial meeting as scheduled this week, pending a final decision Monday with a teleconference under consideration, sources told S&P Global Platts. Receive Continue Reading
Shares of Saudi Aramco ( 2222.SE ) hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial public offering, Continue Reading
Turkey shot down two Syrian warplanes over Idlib on Sunday and struck a military airport well beyond its frontlines in a sharp escalation of its military operations following the death Continue Reading
Iran’s death toll from the new coronavirus has reached 54, Health Ministry spokesman told state TV, adding that the number of people infected had reached 978. Iran has had the Continue Reading
For a commodity going through one of its worst slumps ever, you would think that a major oil company bringing more of it to an already flooded market would cause Continue Reading
Iraq’s federal crude oil exports, which excludes the semi-autonomous Kurdish region, rose 3.3% in February from a month earlier on increased shipments from southern terminals in OPEC’s second-largest oil producer, Continue Reading
Nigeria’s budget estimate appears threatened as oil price drops $5 below the 2020 benchmark on global fears over the impact of the Coronavirus epidemic. Brent crude which is the international Continue Reading
Members of Parliament last Thursday demanded dedicated service stations so that they easily access fuel to enhance their mobility as they work for their constituencies. Manicaland Senator Keresencia Chabuka (MDC-Alliance) Continue Reading
U.S. refiner Citgo has reached an agreement with Aruba to transfer control of the San Nicolas refinery to the island’s government, Citgo said late on Saturday, after the two parties Continue Reading
