OPEC

Putin hopes Iran will continue oil exports despite US warning
Middle East

Putin hopes Iran will continue oil exports despite US warning

BEIJING (Reuters) – Russian President Vladimir Putin said on Saturday he hoped Iranian oil exports would continue despite Washington’s efforts…
Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers
Middle East

Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers

SINGAPORE (Reuters) – Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by…
UAE says changing oil trading currency from dollar can’t be done overnight
Middle East

UAE says changing oil trading currency from dollar can’t be done overnight

DUBAI (Reuters) – The United Arab Emirates’ energy minister said on Monday that the use of the U.S. dollar as…
Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop ‘NOPEC’ – sources
Middle East

Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop ‘NOPEC’ – sources

LONDON/DUBAI (Reuters) – Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes…
Iraq cuts oil exports to 3.5 million bpd in line with OPEC deal: minister
Middle East

Iraq cuts oil exports to 3.5 million bpd in line with OPEC deal: minister

BAGHDAD (Reuters) – Iraq has cut its oil exports average to 3.5 million barrels per day (bpd) in compliance with…
UAE eases Qatar shipping ban: circular, source
Middle East

UAE eases Qatar shipping ban: circular, source

DUBAI/DOHA (Reuters) – The United Arab Emirates has eased a ban on the shipping of goods between it and Qatar…
Iran oil exports rise in early 2019 despite sanctions
Economy

Iran oil exports rise in early 2019 despite sanctions

LONDON (Reuters) – Iran’s exports of crude oil were higher than expected in January and are at least holding steady…
Natural gas fields give Israel regional political boost
Middle East

Natural gas fields give Israel regional political boost

JERUSALEM (AP) — A decade after discovering natural gas fields off its Mediterranean coast, Israel is starting to feel the…
Shah of Iran modernized his nation but vacillated in crisis
Middle East

Shah of Iran modernized his nation but vacillated in crisis

DUBAI, United Arab Emirates (AP) — At the height of his power in 1971, Iran’s Shah Mohammad Reza Pahlavi drew…
OPEC exit frees Qatar from US legal concerns
Middle East

OPEC exit frees Qatar from US legal concerns

DUBAI/DOHA (Reuters) – Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO…
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