Saudi Arabia and the war on shale oil that never ended
Last week when Saudi Arabia let it leak that the kingdom has no intention of leading OPEC toward another cut in production to accommodate the growing volumes of oil from Continue Reading
Saudi King Visits Japan, Seeks Help on Diversifying Economy
King Salman and hundreds of business leaders from Saudi Arabia are in Japan for talks Monday mainly expected to focus on economic ties. The visit is the first by a Continue Reading
Saudi deputy crown prince to meet Trump, investment in focus
Saudi Deputy Crown Prince Mohammed bin Salman attends a graduation ceremony and air show marking the 50th anniversary of the founding of King Faisal Air College in Riyadh, Saudi Arabia, Continue Reading
Iran leapfrogs Iraq as India’s no. 2 oil supplier in February: trade data
India’s oil imports from Iran rose nearly 17 percent in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an Continue Reading
Despite sanctions relief, Shell still cool on Iranian oil buys
Royal Dutch Shell has bought only three cargoes of Iranian oil since sanctions were eased a year ago, a small fraction of what it used to buy and an indication Continue Reading
Oil Ministry confirms February export decline
Iraq’s Oil Ministry released official export data for January and February on Thursday, confirming prior estimates by Iraq Oil Report suggesting that the country was reducing output in its effort Continue Reading
Kirkuk oil crisis subsides as PUK faction withdraws
An armed faction of the Patriotic Union of Kurdistan (PUK) political party has withdrawn from key energy sites in Kirkuk, signaling at least a temporary resolution to a crisis over Continue Reading
Why Kurdish Oil Is a Wild Card for Markets:
If Iraq’s Kurdish territory were a country, it would probably qualify for OPEC membership. It wouldn’t even be the smallest member, given its production of about 600,000 barrels of oil Continue Reading
Overhaul planned for refinery in Kirkuk, Iraq
The refining capacity of a complex in the northern Iraqi city of Kirkuk will be expanded in part to better serve community needs, the Iraqi oil minister said. “The Ministry Continue Reading
Saudi Arabia’s Secret Meetings With The World’s Largest Oil Traders
Something unprecedented happened last November when OPEC sat down in Vienna to hammer out the final terms of its oil production cut deal (which, incidentally, has yet to translate into Continue Reading