Iran’s Moves in Syria Raise Risk of Conflict With Israel
Israel faces a harsh new world as Syria’s civil war winds down: while Iran remains far away, the Iranian threat now is next door. There are several hundred miles and Continue Reading
Should Saudi Arabia Fear Higher Oil Prices?
You have to hand it to Saudi Arabia. After struggling in global oil markets from 2015 to early 2017, the Kingdom can arguably be called “the comeback kid.” However, the Continue Reading
Exxon, Iraq at Odds on Major Oil Contract
An important oil industry contract between Exxon and Iraq could fall through, throwing a wrench in the works of Iraq’s oil industry expansion, Reuters reports , citing sources close to Continue Reading
Saudi oil minister says more work needed to lower inventories
Saudi Arabia’s Energy Minister Khalid al-Falih said on Friday global oil inventories had declined from their peak but had not yet fallen far enough. “Today (inventories) are still about 2.8 Continue Reading
Exclusive: OPEC’s new price hawk Saudi Arabia seeks oil as high as…
Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes Continue Reading
Iran sees Russia as natural energy sector partner
Iranian Minister for Oil Bijan Zanganeh sees the relationship with Russia blossoming as both countries face increasing economic pressure from the United States. File Photo by Maryam Rahmanian/UPI April 18 Continue Reading
Are Iran and Israel Headed for Their First Direct War?
Israeli soldiers taking part in a training session last week in the Golan Heights. SYRIA-ISRAEL BORDER, Golan Heights — Ever since the Iranian Islamic Revolution in 1979, Iran and Israel Continue Reading
Never mind OPEC – Brent oil market braces for Iran deadline
Oil investors are taking no chances that Iran’s nuclear deal with Western powers will remain intact next month. FILE PHOTO: A worker checks the valve of an oil pipe at Continue Reading
Exxon faces setback in Iraq as oil and water mix
Talks between Exxon Mobil ( XOM.N ) and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential setback to Continue Reading
An Oil Deal Between Saudi and Russia Worked. Now What?
Saudi Arabia and Russia forged a risky oil-market deal about 18 months ago, agreeing to throttle back output in an effort to lift prices. It worked. A glut of stored Continue Reading