Iran Tells Trump: Stop Tweeting, It’s Driving Up Oil Prices
The war of words over oil prices continues between U.S. President Donald Trump and Iran, and the latest salvo from Iran is for Trump to…
OPEC
Iraq anticipates awarding of oil contracts
Iraq plans to award oil and gas exploration and development contracts in 11 new blocks on April 15, oil ministry spokesman Asim Jihad said on…
Iraq plans to reduce oil products imports by 25 percent
Iraq’s oil ministry on Monday said the nation would reduce its petroleum products imports by 25 percent as crude oil refineries are being rehabilitated following…
Iran: OPEC could agree in June to start easing oil output cuts in 2019 – WSJ
DUBAI (Reuters) – Iranian oil minister Bijan Zanganeh said OPEC could agree in June to begin easing current oil production curbs in 2019, the Wall…
Russia, Saudi Arabia to discuss joint energy projects – Moscow
Russia and Saudi Arabia at a meeting due in February will discuss implementation of joint energy projects, Russia’s Energy Minister Alexander Novak told the Rossiya…
Iraq: Oil output capacity close to 5m bpd
Iraq’s oil output capacity is nearing 5 million barrels per day (bpd), but the country will remain in full compliance with its output target under…
OPEC likely to extend supply cuts in bid to rebalance the market, UAE energy minister says
Minister for Energy Suhail al-Mazroui said Monday that he expected OPEC and non-OPEC countries to extend global supply cuts at a closely-watched meeting at the…
OPEC set to meet with allies on compliance
Oil traded near $50 a barrel in New York as efforts by Venezuela’s president to seize more power raised speculation the U.S. could step up sanctions….
Kuwait and UAE pledge to cut oil output
Kuwait joined the United Arab Emirates in promising to pump less oil after Saudi Arabia called on fellow OPEC producers to cut more supply to…
Saudi Arabia is nervous over OPEC compliance
OPEC officials are hoping to limit the production of both Libya and Nigeria, as fears grow that the two exempted members are undermining cuts from…