News

May 31, 2021

Iraq Expands Port Infrastructure To Raise Fuel Trade

Iraq plans to complete this year the construction of a new oil pier in its key fuel export and import facility in order to raise trade […]
May 31, 2021

Nigeria Says It Is Preparing For Post-Oil World

Africa’s largest oil producer, Nigeria, is implementing efforts to prepare its economy for a post-oil era, Ogbonnaya Onu, the Minister of Science and Technology, said at […]
May 24, 2021

Russia: Oil Market Is Balanced With Demand Slightly Exceeding Supply

The oil market is fairly balanced at present with demand slightly exceeding supply, Russia’s Deputy Prime Minister Alexander Novak told reporters on Wednesday. Russia, as OPEC’s […]
May 24, 2021

India’s Refiners Prepare For Lifting Of U.S. Sanctions On Iran’s Oil

Major Indian state-held refiners plan to cut back on spot crude purchases later this year, expecting that the U.S. sanctions on Iran’s oil could be lifted […]
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