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OPEC+ keeps oil demand forecast, but worried by COVID surge – sources
SULAIMANI (ESTA) — The OPEC+ joint technical committee (JTC) has kept its forecast for growth in global oil…
Dana Gas announces resumption of Khor Mor expansion project
SULAIMANI (ESTA) — United Arab Emirates energy firm Dana Gas said on Monday it had resumed the expansion…
Oil prices fall as India’s coronavirus surge to weigh on fuel demand
SULAIMANI (ESTA) — Oil prices fell on Monday on fears that rising coronavirus cases in India will drive…
Turkish lira nears record low after cenbank comment, U.S. ‘genocide’ move
SULAIMANI (ESTA) — Turkey’s lira edged lower in early trading on Monday, adding to a recent slide and…
Bitcoin sinks below $50,000 as cryptos stumble over Biden tax plans
SULAIMANI (ESTA) — Bitcoin and other cryptocurrencies suffered hefty losses on Friday on concern that U.S. President Joe…
Oil rises on hopes for demand recovery
SULAIMANI (ESTA) — Oil prices climbed on Friday, buoyed by hopes demand will recover as economic growth picks…
Oil prices extend losses on U.S. stock build, pandemic fears
SULAIMANI (ESTA) — Oil prices extended losses on Thursday as a surprise build-up in U.S. crude inventories and…
Oil prices fall as India’s coronavirus surge crimps demand outlook
SULAIMANI (ESTA) — Oil prices fell on Wednesday, weighed down by concerns that surging coronavirus cases in India…
China’s Sinopec wins contract to develop Iraq’s Mansuriya gas field
SULAIMANI (ESTA) — The Iraqi oil ministry said on Tuesday China’s Sinopec has won a contract to develop…
Oil prices edge higher on weaker dollar
SULAIMANI (ESTA) — Oil prices edged higher on Tuesday as a weaker U.S. dollar supported commodities and on…
Oil prices fall as rising coronavirus infections stoke demand concerns
SULAIMANI (ESTA) — Oil prices edged lower on Monday as rising COVID-19 infections in India and other countries…
Oil rises in fifth day of gains on demand hopes
SULAIMANI (ESTA) — Oil rose above $67 a barrel on Friday, gaining for a fifth session, as a…