A Geopolitical Red Herring For Oil Markets
The two leaders hugged and kissed quite a bit during the French President’s visit to Washington, and the oil market took notice when President Trump voiced some “flexibility” regarding a Continue Reading
Federal Iraq’s first commercial gas field is ready
A day before a fifth fields auction, Iraq’s sole successful gas field thus far from a previous bidding round is readied to supply much-needed gas to power plants. SIBA – Continue Reading
Macron Says His ‘Bet’ Is That Trump Will Withdraw From Iran Nuclear Pact
French President Emmanuel Macron said it was his “bet” that President Donald Trump would withdraw the U.S. from the Iran nuclear deal, a move he said would lead to a Continue Reading
Iran’s Khamenei urges Muslim nations to unite against U.S.: state TV
Iran’s supreme leader called on Muslim nations to unite against the United States, state television reported on Thursday, saying Tehran would never yield to its arch foe’s “bullying”. Iran’s Supreme Continue Reading
Macron Says He Thinks Trump Will Pull Out of Iran Nuclear Deal
U.S. president may quit accord ‘for domestic reasons’: Macron Trump has set May 12 deadline for strengthening nuclear accord French President Emmanuel Macron said he thinks U.S. President Donald Trump Continue Reading
Asia’s Biggest Refiner To Continue Cutting Saudi Crude Oil Imports
Having slashed Saudi crude imports for May by 40 percent, China’s Sinopec—the largest oil refiner in Asia—will continue to cut imports of the flagship Saudi crude grade in June and Continue Reading
Trade talks continue between oil-rich Iran and Russia
After hinting at a possible free-trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports. Russian Prime Minister Dmitry Continue Reading
Iran Pushes Back Against The OPEC Deal
Extending the OPEC cuts beyond their current expiry date at the end of 2018 would seem unnecessary if oil prices keep rising, Iran’s Oil Minister Bijan Zangeneh told the Iranian Continue Reading
EU naval force unaware of Red Sea tanker seizures after Saudi embassy report
The European Union naval force responsible for monitoring shipping around the Horn of Africa region is unaware of a tanker security situation off Yemen reported by the Saudi Embassy in Continue Reading
Oil Slips as Trump and France’s Macron Talk Iran Deal
Oil prices slipped on Tuesday as concerns that the United States might reinstate sanctions against Iran faded somewhat, alleviating worries about the future of Iranian exports. U.S. President Donald Trump Continue Reading