There is little doubt that Iraq’s mooted shift to using Dubai crude futures from long-standing price assessor Platts will shake up the trading of Middle East oil, but is it Continue Reading
The future stability of OPEC’s second-largest oil and gas producer could be decided by the end of 2017. Unrest is growing in Iraq as the Kurdish referendum grows nearer. Soon, Continue Reading
Qatar supplies 20 percent of Britain’s natural gas. Just in the past four weeks, British ports have received one million meters worth of scheduled gas orders, according to the Middle Continue Reading
It has been two months since Prince Mohammed Bin Salman’s ascendance to the role of heir to the Saudi Arabian throne, and the preliminary effects of his aggressive economic diversification Continue Reading
Turkish Foreign Minister Mevlut Cavusoglu speaks during a news conference at the European Commission in Brussels, Belgium July 25, 2017. ANKARA (Reuters) – Turkish Foreign Minister Mevlut Cavusoglu said on Continue Reading
OPEC looks forward to a durable and constructive relationship with member state Iran, its secretary general told the country’s reappointed oil minister, Bijan Zanganeh. The Iranian parliament during the weekend Continue Reading
In a bid to increase oil revenues and possibly setting the stage for its own benchmark crude grade, Iraq has told customers it may change the way it prices Basra Continue Reading
Despite the torrent of reports attesting to the non-impact of the Saudi Arabia-led diplomatic boycott of Doha, new estimates by Bloomberg’s economic survey predict that 2017 will be Qatar’s slowest Continue Reading
Attracting foreign investment for Iran’s oil sector will continue to be a top priority during President Hassan Rouhani’s second term, Iranian Oil Minister Bijan Zanganeh said on Sunday. “Attracting foreign Continue Reading
Attackers opened fire with machine guns and a rocket-propelled grenade (RPG) near a gas-oil separation station at the Garraf oil field in southern Dhi Qar province Friday evening. The characteristics Continue Reading
