Iraq, the second-largest OPEC producer, may be facing a significant disruption to its oil exports this month. On September 25, citizens of the northern region of Kurdistan, a semi-autonomous area Continue Reading
Although Saudi Arabia has managed to narrow its budget deficit, the Kingdom continues to feel the fiscal pressure of low oil prices, and is mulling over the phasing out of Continue Reading
Iraq does not see the need for more output cuts now, but if there is a need the country will support consensus within the Organization of the Petroleum Exporting Countries Continue Reading
Besieged by international pressure to delay its independence referendum, the KRG gets geopolitical backup from a Rosneft agreement to underwrite oil and gas export pipelines. Massoud Barzani, the president of Continue Reading
Iran will not be bullied by the United States and will react strongly to any “wrong move” by Washington on Tehran’s nuclear deal, Supreme Leader Ayatollah Ali Khamenei said on Continue Reading
Plan would boost gasoline to parity with international prices Increases in other Saudi energy prices seen early next year Saudi Arabia is considering a plan to raise domestic prices for Continue Reading
Russian oil major Rosneft ( ROSN.MM ) will invest in gas pipelines in Iraq’s Kurdistan, expanding its commitment to the region ahead of its independence vote to help it become Continue Reading
Speaking alongside his Venezuelan counterpart, Iran’s oil minister said there was a general readiness for multilateral efforts geared toward market stability. A measure implemented by the Organization of Petroleum Exporting Continue Reading
Qatar’s resilience in the face of months of economic and diplomatic ostracization echoes in the ears of Saudi Arabia—a regional and religious leader running out of options in its quest Continue Reading
International news reports have stated that the Saudi government is currently putting together contingency plans for a possible delay to the biggest IPO ever. The listing of 5 percent of Continue Reading
