The US government on Sept. 3 sanctioned 11 entities based in Iran, the UAE and China for continuing to facilitate sales of Iranian petrochemical and oil products. Receive daily email Continue Reading
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
Iraq has asked OPEC to be exempted from oil export cuts in the first quarter of 2021, the oil minister of OPEC’s second-largest producer and the least compliant member of Continue Reading
Turkey said on Tuesday that it was open to dialogue with its neighbor Greece to end the dispute over the oil and gas resources in the eastern Mediterranean and the Continue Reading
Highlights OPEC+ cuts apply to output, not exports Country discussed exemptions in three meetings with OPEC Iraq is among worst offenders in quota busting this year Dubai — Iraq is Continue Reading
Reaching natural gas production of one billion cubic meters per day (bcm/d) has been one of the three core hydrocarbons resource strategies of Iran since the Islamic Republic began to Continue Reading
Kuwait had already slipped into an economic contraction of 1.1 per cent the fourth quarter of 2019, over the same period in the previous year, before Saudi Arabia decided to Continue Reading
Iraq’s crude oil exports fell in August compared to July, as OPEC’s second-largest producer is reducing supply in an attempt to comply with the OPEC+ production cut pact, which it Continue Reading
