The U.N. nuclear watchdog found uranium particles at two Iranian sites it inspected after months of stonewalling, diplomats say, and it is preparing to rebuke Tehran for failing to explain, Continue Reading
OPEC’s second-largest producer, Iraq, boosted its crude oil exports by 4.4 percent to 3.44 million barrels per day (bpd) in the first two weeks of February, data compiled by Bloomberg Continue Reading
Given the extreme unlikelihood of the U.S. returning to the currently structured Joint Comprehensive Plan of Action (JCPOA), and Iran’s unwillingness to renegotiate the deal any time soon , the Continue Reading
Iran will “immediately reverse” actions in respect of its nuclear programme when U.S. sanctions are lifted, its foreign minister said on Friday, reiterating Tehran’s position on Washington’s offer to revive Continue Reading
U.S. and Iranian officials could hold nuclear discussions within coming weeks under a plan by the European Union to bring the two sides together for the first time since President Continue Reading
The United States is prepared to talk to Iran about both countries returning to compliance with a 2015 deal that aims to stop Tehran from developing a nuclear weapon, U.S. Continue Reading
Saudi Arabia’s crude stockpiles dropped to their lowest on record in December as the OPEC kingpin continued to push out more exports with direct use falling even more, according to Continue Reading
Saudi Arabia plans to increase its oil output in the coming months, reversing a recent big production cut, say advisers to the Kingdom, a sign of growing confidence over an Continue Reading
Iraq’s nationwide crude production held steady in January at just over 4 million barrels per day (bpd), according to an Iraq Oil Report analysis based on data collected independently from Continue Reading
Iraq’s $2 billion oil prepayment deal with China’s state-owned Zhenhua Oil Co. is on hold pending government approvals, the deputy director-general of State Oil Marketing Organization told S&P Global Platts.Now Continue Reading
