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Saudi cut to boost oil market de-stocking, even as demand falters – report
SULAIMANI (ESTA) — Saudi Arabia’s voluntary oil production cut is expected to bring the oil market into deficit…
Oil near 11-month highs on Saudi output cut pledge, equities rally
SULAIMANI (ESTA) — Oil prices held near 11-month highs on Friday and were on track for a strong…
Oil edges higher as Saudi Arabia agree to cut output, U.S. crude stockpiles fall
SULAIMANI (ESTA) — Oil prices rose on Thursday as Saudi Arabia unilaterally agreed to cut output over the…
India’s IOC buys its first cargo of Iraqi Basra Medium oil
SULAIMANI (ESTA) — Indian Oil Corp (IOC), the country’s top refiner, has loaded its first cargo of Iraq’s…
Oil prices rise after Saudi Arabia output cut
SULAIMANI (ESTA) — Oil prices rose on Wednesday after Saudi Arabia agreed to make bigger cuts in output…
Saudi Arabia deepens cuts as OPEC+ agrees oil output rollover
SULAIMANI (ESTA) — Saudi Arabia will make additional, voluntary oil output cuts of one million barrels per day…
MP says $240 billion smuggled outside Iraq since 2003
SULAIMANI (ESTA) — Iraq’s integrity committee has estimated that around $240 billion dollars have been smuggled outside Iraq…
U.S. extends Iraq sanctions waiver for further 3 months: official
SULAIMANI (ESTA) — The United States has granted Iraq a three-month extension to a sanctions waiver allowing it…
Oil prices slip before OPEC+ resumes meeting on Feb output levels
SULAIMANI (ESTA) — Oil prices edged down on Tuesday before deadlocked talks between major producers about potential changes…
OPEC+ producers split over oil output increase, say sources
SULAIMANI (ESTA) — OPEC+ oil producers were split on Monday over increasing output from February as some feared…
Oil prices rise on expectations that OPEC+ likely to maintain output
SULAIMANI (ESTA) — Oil prices rose on Monday on expectations that OPEC and allied producers may cap output…
OPEC sees oil outlook for first half of 2021 full of downside risks
SULAIMANI (ESTA) — OPEC sees plenty of downside risks for oil markets in the first half of 2021,…