Iraq oil field Royal Dutch Shell is considering exiting its positions in Iraqi oil fields, according to industry sources cited by Reuters. Shell, which declined to comment, is the world’s Continue Reading
BEIRUT, Lebanon — With the Syrian government making large territorial gains in Aleppo on Monday, routing rebel fighters and sending thousands of people fleeing for their lives, President Bashar al-Assad Continue Reading
Residents of the Iraqi city of Mosul fought each other around trucks delivering humanitarian aid as they jostled for scant supplies on Monday, while government troops fighting to retake the Continue Reading
OPEC’s top producer hints group won’t necessarily curb output Members adamant Moscow must cut for any supply accord to work OPEC surprised the market in September with a preliminary agreement Continue Reading
OPEC is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the first time suggested the oil-club Continue Reading
Saudi Arabia’s energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene in it. Any intervention Continue Reading
Talks with Asian companies for loan to produce more methanol Italian company ‘in forefront’ as potential investor Iran’s Persian Gulf Petrochemical Industries Co. is in talks with Asian companies to Continue Reading
A Kuwaiti judge and his aides count the ballots at a polling station. Thirty of 50 lawmakers lose seats in Saturday’s election New assembly may find relations with government strained Continue Reading
Bijan Namdar Zanganeh. Photographer: Akos Stiller/Bloomberg OPEC proposes 600,000 barrels a day cut for non-OPEC producers Iran hasn’t announced commitment to reduce its own production Iran is assessing a proposal Continue Reading
Iraq’s Sunni lawmakers pledged on Sunday to challenge in court a newly passed law that formalizes the combat role of Iranian-backed Shiite militias, one of the country’s more powerful adversaries Continue Reading
