Iraq’s oil production continued to climb in September, as both the federal government and the autonomous Kurdistan region made incremental gains. Countrywide output averaged about 4.867 million barrels per day Continue Reading
After the resurgence of the U.S. oil industry in recent years due to hydraulic fracking and the shale oil revolution, most thought the days of Middle Eastern oil producers, Saudi Continue Reading
Saudi Arabia has not only called the end of Russia’s prominence as a global oil behemoth, but anticipates that Russia’s oil exports “will have declined heavily if not disappeared” within Continue Reading
India will be looking to ship in more crude oil from Saudi Arabia and the United Arab Emirates to fill part of the vacuum created by reduced appetite for supplies Continue Reading
Saudi Arabian Energy, Industry and Mineral Resources Minister Khalid Al-Falih, said his country is willing to continue to prop up the global oil business, even as political concerns stemming from Continue Reading
Donald Trump dispatched his top diplomat to Saudi Arabia to “get to the bottom” of the disappearance of dissident Jamal Khashoggi even as the US president signaled he was prepared Continue Reading
It’s unclear if and when the Saudi statement would be released, and its content hasn’t been finalized, the people familiar with the matter said. The Saudi government didn’t respond to Continue Reading
Saudi Arabia all but threatened to drive up oil prices if the U.S. took any action to penalize it over the apparent killing of a Saudi journalist. The not-so-subtle threat Continue Reading
U.S. President Donald Trump cannot bring oil prices down by “bullying” other nations, Iran’s oil minister said on Tuesday, adding that the market was suffering from short supply. U.S. sanctions Continue Reading
Highlights NIOC head says output will depend on sales Bourse base price set at $79.15/b Zanganeh says sanctions to lead to oil shortage Tehran — Iran’s oil exports have only Continue Reading
