Searched for
IRAQ OIL PRODUCTION
Iraq's Kurdistan region says oil output resumes at up to 230,000 bpd after drone strikesIraq's Kurdistan region announced that oil production is back up and running, reaching 230,000 barrels per day. This comes after a period o...
Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...
BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
After six months of Iran war, US goals have shifted. The Strait of Hormuz is now a top concernSix months after its start, the US war with Iran shows no clear end in sight. Original objectives have shifted, and some key goals remain u...
Four India-based companies engulfed in Trump's economic offensive against IranThe United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian busine...
US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
Fewer than 20 ships cross Strait of Hormuz over weekend as US-Iran blockades choke key oil routeFewer than twenty commodity vessels transited the Strait of Hormuz over the weekend. Initial data showed four vessels crossed on Sunday and...
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
Trump wants more economic pressure on Iran. What are his options?The United States plans to impose severe economic measures on Iran soon. Washington is considering sanctions on Chinese refiners and banks ...
The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awryUS President Donald Trump has repeatedly blamed predecessors and others for economic, foreign-policy and domestic problems, drawing scrutin...
'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
Oil steadies near one-week highs as US-Iran peace deal hopes dimOil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...
OPEC oil output rises further in July led by Gulf producers, Reuters survey showsIn July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that ...
Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
OPEC+ agrees September oil hike, completing rollback of voluntary cutsOPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cut...
OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...