Goldman Sachs Sees Large Oil Demand Rebound This Summer
Goldman Sachs is still bullish on oil and anticipates strong demand that would require OPEC+ putting another 2 million barrels per day (bpd) on the market in the third quarter, Continue Reading
Production restarts at Sarqala
The Sarqala oil field has restarted after a dispute within the Patriotic Union of Kurdistan (PUK) party led to the temporary shutdown of its 30,000 barrels per day (bpd) of Continue Reading
Iran to seek removal of US sanctions in Vienna talks, having already boosted oil exports
Iran wants the removal of Trump-imposed US sanctions before it scales back atomic activities under the 2015 nuclear deal, a senior official said ahead of a April 6 Vienna meeting Continue Reading
IRAQ DATA: March oil exports drop 0.8% amid signs of tighter OPEC+ compliance
Iraq’s total crude exports in March, including flows from the semi-autonomous Kurdistan region, fell 0.8% month on month, data from the oil ministry and shipping reports showed, amid signs of Continue Reading
Indian states seek widening of vaccinations as second surge overtakes first wave
Many Indian state leaders have asked Prime Minister Narendra Modi to open up vaccinations to most of the country’s hundreds of millions of adults, following a second surge in infections Continue Reading
Iran, U.S. to hold indirect nuclear talks in Vienna
Iran and the United States will hold indirect talks in Vienna on Tuesday aimed at bringing both countries back into full compliance with the 2015 nuclear deal that Washington abandoned Continue Reading
Saudi Arabia’s Unpaid Tab With Metro Builders Runs Into Billions
The construction site for a new highway and metro development in Riyadh, Saudi Arabia, May 19, 2020. Sign up for our coming Middle East newsletter and follow us @middleeast for Continue Reading
Iraq Moves To Exploit Its Massive Natural Gas Reserves
Official estimates are that Iraq’s proven reserves of conventional natural gas amount to at least 3.5 trillion cubic meters (tcm), or about 1.5 percent of the world’s total, placing Iraq Continue Reading
Argentina’s Vaca Muerta fracking activity rises to record high in March
Fracking activity in Vaca Muerta, the biggest shale play in Argentina, rose 7% to 733 frac stages in March from the previous month, reaching the highest level on record as Continue Reading
Is Venezuela Preparing For A Military Strike On Colombia?
Venezuelan President Nicolas Maduro is well-known for his saber-rattling, much of which is designed to distract Venezuelans from the severe economic crisis sweeping the country and the brutality of his Continue Reading