Iraqi Quantity and Quality Balancing Act

• Tuesday, 2nd June 2015
• by Egypt Oil & Gas

Iraq, OPEC’s second-biggest oil producer, is set to increase exports after starting a new grade of crude to quell customer complaints about the quality of its oil. The Basrah Heavy crude will be exported for the first...

Saudis Stalling Chinese Requests for More Oil

• Thursday, 21st May 2015
• by Egypt Oil & Gas

Saudi Arabia and its main Middle East OPEC partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world’s biggest crude importer hits new...

War-Torn Iraq Suffers Low Prices, Oil Debt and Turkish Swap

• Thursday, 12th March 2015
• by Egypt Oil & Gas

Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC’s second-largest producer. Wes...