ExxonMobil returns to Iraq with deal on major oil field
US oil giant ExxonMobil has returned to Iraq after a two-year absence, reaching an initial agreement on Wednesday that could ...
Tag: oil
Opec+ plus to raise oil production by 137,000 barrels a day in November
Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels ...
Saudi Arabia budget deficit forecast more than doubles
Saudi Arabia said Tuesday it would run a budget deficit of 5.3 percent of GDP this year, more than double ...
Iraq resumes Kurdish oil exports after two-year halt
Iraq resumed crude exports from the autonomous Kurdistan region on Saturday after a more than two-year halt over legal and ...
Ukraine hits one of Russia’s largest oil refining complexes
A Ukrainian drone crashed into one of Russia's largest oil refining complexes on Saturday, sparking a fire and causing minor ...
Key OPEC+ members boost oil production
Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy ...
Iraq denies any role in sanctioned Iran oil smuggling
Iraqi authorities denied on Friday that the country had played any part in Iranian efforts to evade US sanctions on ...
Saudi Aramco profit drops for 10th straight quarter
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit ...
Iran condemns ‘malicious’ US sanctions targeting oil trade
Iran on Thursday described as "malicious" fresh US sanctions targeting a shipping empire controlled by the son of a top ...
UK sanctions 135 oil tankers in Russia’s shadow fleet
Britain on Monday slapped sanctions on 135 oil tankers in Russia's shadow fleet, in a bid to disrupt the flow ...
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