Gas projects to put an end to Iraq’s power crisis – official
Gas projects in the OPEC member Iraq are set to put an end to the country’s power crisis said an Iraqi official on…
Browsing Tag
OPEC
Kuwait starts operation of Al-Zour refinery
Kuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last…
Iraq exports 3.3 million bpd oil in June
The Iraqi Ministry of Oil announced on Saturday that oil export revenues during June exceeded $7 billion, with…
Oil falls amid supply, demand uncertainties
Oil prices fell on Tuesday, influenced by prevailing uncertainties regarding supply and demand in energy markets.
Iraq doesn’t expect further OPEC+ production cuts – minister
Iraqi oil Minister Hayan Abdel-Ghani said he does not expect OPEC countries to further reduce oil production.
Oil’s sharp fall surprises markets
Oil prices have witnessed the third consecutive week of decline, closing on Tuesday at its lowest point since…
Oil prices drop on Monday
Oil prices decreased on Monday parallel to OPEC+ supply cuts entering into force, driven by weak Chinese demand,…
Oil restores position after falling nearly 4%
Oil prices have stabilised on Thursday after falling by four percent on Wednesday amid concerns of a recession.
Oil prices surge after unforssen production cuts
Several Opec Plus countries have announced on Monday their unforeseen decision to cut their oil production, causing…
OPEC: Chinese demand to be 500-600k barrels/day
OPEC Secretary General, Haitham Al-Ghais, said on Tuesday the Chinese demand of oil will increase to 500 and 600…