Saudi Arabia cut crude shipments in April to the lowest level in six months - 7.44mb/d - as overseas refineries bought less due to seasonal maintenance.
Kurdistan Regional Government (KRG) is ready to sign a new agreement with the Iraqi central government and increase its oil exports if Baghdad guarantees KRG a monthly revenue of $1b from the federal budgets.
The Financial Times (FT) reported that Saudi Arabia has taken steps to slow Iran’s efforts at increasing oil exports, banning vessels that transport Iranian crude from entering their waters, according to traders and ...
Barclays Plc has warned that Iraq’s oil production is at risk for the upcoming winter when “loading problems” emerge and reduce output by 300,000 to 500,000 b/d
International oil companies (IOCs) working in Iraqi Kurdistan will now receive monthly payments beginning September for the crude they produce and export,