Highlights 2022 revenues forecast at $279 billion, up 12% on year Al-Rajhi Capital calculates fiscal breakeven price of $65/b Kingdom says it seeks to gradually boost crude production Saudi Arabia Continue Reading
Highlights Neutral Zone could be needed source of incremental supply Wafra, Khafji fields face technical challenges due to shutdown 2021 exports have ranged from 158,000 to 257,000 b/d: Kpler Saudi Continue Reading
Long-running differences over how to deal with Iran’s nuclear program have erupted into new tensions between the Biden administration and Israel, with two senior Israeli officials leaving Washington this week Continue Reading
It will take a few days to judge whether Iran is showing flexibility in talks about Tehran and Washington resuming compliance with the 2015 Iranian nuclear deal, U.S. State Department Continue Reading
Highlights Federal exports jump, KRG flows stable Production just above Nov quota of 4.193 million b/d Stock build reported as domestic demand dips Iraqi crude oil production, including flows from Continue Reading
World powers will assess over the next few days whether Iran is serious in nuclear negotiations after it indicated it was ready to continue talks on the basis of texts Continue Reading
Iraq is looking to neighboring countries to fill an electricity shortage and diversify its sources of supply as Iranian exports of gas and electricity have diminished. Baghdad is discussing potential Continue Reading
The Biden administration is moving to tighten enforcement of sanctions against Iran, according to senior U.S. officials, the first sign of Washington increasing economic pressure on Tehran as diplomatic efforts to restore the Continue Reading
A growing cadre of former Israeli security officials are publicly faulting their government for opposing the nuclear deal negotiated in 2015 between Iran and world powers, and warning that economic Continue Reading
Talks on reviving the 2015 Iran nuclear deal are expected to resume on Thursday, France’s foreign minister said, although he added that he was not encouraged and feared Iran was Continue Reading
