Tehran
Iraq

Iraq Asks BP to Throttle Flow to Meet OPEC+ Quota

Iraq has asked BP to cut crude production at the nation’s biggest field of Rumaila by 10% as part of a push to comply with OPEC+ quotas, according to a ...
oil

Big Oil Earnings Battered By Virus

ig Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier. Major oil and gas producers from Norway to the US saw profit plunge ...
فاقد تصویر شاخص

Crashing Oil Demand Drives a 17 mbpd Global Output Cut in Q2

Consulting firm IHS Markit expects oil demand in the second quarter of 2020 to be 22 million barrels per day less than a year ago. This collapse in demand combined ...
فاقد تصویر شاخص

Oil set for a second weekly gain on demand hopes, output shut-ins

Oil prices rose about 2 per cent on Friday and were on course for a second consecutive week of gains as US producers rapidly shut crude production and more states ...
Kuwait

Kuwait Begins OPEC+ Cuts Ahead of Schedule

uwait said it has started cutting oil output ahead of May 1, the date when suppliers worldwide plan to start slashing production to counter a devastating glut. The fourth-biggest member ...

WTI, Brent Prices Curbed by Higher OPEC Supply

Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once US sanctions bite from November, but gains were limited by higher supply from OPEC ...
Oil Market

OPEC Will Rebalance Nervous Oil Market

The United States will continue its efforts to decrease Iran’s sales of crude oil, the Treasury Department said on Tuesday following the announcement of the unilateral US withdrawal from the ...

OPEC Chief: Russia Will Not Flood the Oil Market

Oil prices have rebounded nearly 60% since June, with Brent crude rising to three-year highs of above $71 a barrel, prior to a pullback last week that wiped out its ...

Big Oil Firms Seen Dominating Energy Deals

nalysts expect big energy companies to play a major role in deal-making during another solid year for oil and gas mergers and acquisitions. Oil majors and large independent drillers need ...
فاقد تصویر شاخص

Kazakh FM: Astana talks only base to establish peace in Syria

madaresharghi Kazakhstan Foreign Minister Gheirat Abdelrahamanov said on Friday that Syrian Peace Talks in Astana serve as a full-scale and unique foundation for all interested parties to establish stability in ...
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