Saudi Arabia’s Dream Of $85 Oil Is Closer Than Ever
Things are starting to look good financially for Saudi Arabia again – very good. The de facto OPEC leader and world’s largest oil exporter said today it posted a budget Continue Reading
Iran sanctions to have limited impact on forward crude prices: analysts
The decision taken by the US Government on April 22 to end the waivers given to countries on importing Iranian crude is likely to have limited impact on forward crude Continue Reading
Iraq gas production set to triple
Gas developments in Iraq will overtake oil projects in 2019, measured in resources sanctioned for development, according to analysis from Rystad Energy. New developments are on track to triple the country’s Continue Reading
US hopeful Asian importers can make smooth transition away from Iranian oil
Singapore — The United States believes the world oil market is well supplied to ensure supply stability, and Washington is working with both producers and importers to ensure smooth energy Continue Reading
Russia stands to gain amid Syria energy crisis
Taxi drivers push cars that ran out of fuel to a petrol station in Damascus on April 16. Syria has been forced to adopt new measures to curb fuel shortages Continue Reading
Iraq, Saudi Arabia ready to up oil output as US cuts off Iran waivers
Iraqi President Barham Salih, right, walks with visiting Iranian President Hassan Rouhani, after inspecting an honor guard at Salam Palace, Baghdad, March 11, 2019. (AP Photo/Khalid Mohammed) Iraq and Saudi Continue Reading
Sanctions on Iranian oil bring U.S. drivers pain at the pump
American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks Continue Reading
U.S. making a mistake politicizing oil: Iran oil minister
The United States has made a bad mistake by politicizing oil and using it as a weapon, Iran’s Oil Minister Bijan Zanganeh said in a parliamentary session on Tuesday, the Continue Reading
The Biggest Winner Of Trump’s Waiver Decision
The Saudi state news agency reported today that the Kingdom is happy with Washington’s decision to not extend the waivers for Iran oil sanctions that it had granted to eight Continue Reading
Aramco’s bond is ‘only the beginning’, Saudi energy minister says
Saudi Aramco, the world’s biggest oil producer, will remain active in the debt markets after its debut $12 billion bond earlier this month, which was “only the beginning”, Saudi Energy Continue Reading