Iraq’s oil exports slipped to a five-year low in August, indicating its compliance with OPEC+ production cuts may be improving. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Iran’s death toll from the novel coronavirus rose by 118 to 22,044 health ministry spokeswoman told state TV on Friday, with the total number of identified cases spiking to 382,772 Continue Reading
Iraq said it may seek a two month extension to implement the extra production cuts it’s carrying as part of the OPEC+ deal. (Bloomberg) — Iraq said it may seek Continue Reading
Venezuela reportedly is finding it difficult to secure a vessel on which to empty an oil tanker at risk of sinking off its coast because of U.S. sanctions. (Bloomberg) — Continue Reading
The fully laden Indian Oil Corp., or IOC, chartered super tanker is still on fire, and eight ships and tugs are trying to salvage the cargo and prevent an oil Continue Reading
Mexico will likely cut its crude oil production targets for next year, according to Bloomberg, citing a ruling party lawmaker in Mexico. The shift in strategy signals that Mexico’s state-run Continue Reading
The number of Americans filing new claims for unemployment benefits fell below 1 million last week for the second time since the COVID-19 pandemic started in the United States, but Continue Reading
California asked residents to dial back their air conditioners this holiday weekend as the state tries to avoid a repeat of power shortages that weeks ago triggered the first rolling Continue Reading
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount. The Commerce Department reported that the July Continue Reading
Last month as a heat wave slammed California, state regulators sent an email to a group of energy executives pleading for help. “Please consider this an urgent inquiry on behalf Continue Reading
