Saudi, Iraq Confirm Commitment to OPEC+ agreement

• Tuesday, 14th July 2020
• by Editorial Team

Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman Al Saud, and Iraq’s Oil Minister, Ihsan Abdul Jabbar Ismail, had a phone call to discuss the issue of compliance with the OPEC+ deal, according to SPA. The c...

Saudi, Russia Agree to Extend Oil Cuts

• Thursday, 4th June 2020
• by Editorial Team

Saudi Arabia and Russia have agreed to extend the existing oil cuts by another month and intend to ramp up pressure on non-compliant oil producing nations, according to Reuters. Instead of easing off the record oil cu...

Iraqi Oil Exports Down to 3.44 mmbbl/d

• Tuesday, 2nd June 2020
• by Editorial Team

Iraq’s total oil exports for April recorded an average of 3.438 million barrels per day (mmbbl/d) and its oil revenue more than halved to $1.42 billion, according to Reuters. Oil exports in Iraq averaged 3.377 mmbbl/d...