Iraqi oil exports stable near record high
The Iraqi Oil Ministry reported total crude oil exports for July at around 3.5 million barrels per day, relatively unchanged from June. The ministry reported total exports from July brought Continue Reading
Israel Threatens Military Response Against Houthi Forces
The past year has witnessed a more out in the open proxy war between the two grow in Syria, but the role of both in Yemen has been more obscured: Continue Reading
Trump vs Iran: A War Of Words
The war of words between the United States and Iran has been heating up as the return of U.S. sanctions threatens to take more than 1 million bpd of Iranian Continue Reading
Iran naval drills underway amid tensions with U.S.
The United States believes Iran has started carrying out naval exercises in the Gulf, apparently moving up the timing of annual drills amid heightened tensions with Washington, U.S. officials told Continue Reading
India’s Oil Imports From Iran Jump To Record-High In July
Ahead of the return of the U.S. sanctions on Iran, India’s state refiners boosted their Iranian oil purchases, pushing up Indian oil imports from Iran by 30 percent from June, Continue Reading
Israel warns Iran of military response if it closed key Red Sea strait
Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf of Aden, Prime Minister Benjamin Netanyahu Continue Reading
Though oil is on the line, Iran not buying U.S. ‘PR stunts’
Iranian Foreign Minister Mohammad Javad Zarif said Tehran won’t respond to threats, sanctions pressure or public relations stunts from the United States. File Photo by Ali Mohammadi/UPI | Aug. 1 Continue Reading
Was The Aramco IPO Destined To Fail?
Since late 2016 the financial media has been abuzz about what would likely be the biggest initial public offering (IPO) ever: The sale of 5 percent of the world’s largest Continue Reading
Brig. Gen. Ali Hussein Hilal al-Mayahi, director of South Oil Police
Iraq’s oil sector is on edge as protesters continue to threaten to disrupt operations at major fields in Basra. Demonstrations have re-gained momentum this week, especially at the West Qurna Continue Reading
July oil exports and revenues rise
Iraq’s oil exports hit an annual high in July as the country sold 3.87 million barrels per day (bpd) – an increase of more than 70,000 bpd compared to June. Continue Reading