Iraq’s Oil Minister Sees Oil Breaking $50 In Early 2021 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 07, 2020, 12:30 PM CST Oil prices are set to exceed...Continue Reading

Oil Is Key In Russia’s Rapprochement With Azerbaijan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 07, 2020, 12:00 PM CST It is oftentimes said that the Middle East is the most complicated region in our world, however the Southern Caucasus would certainly take...Continue Reading

New Activist Investor Wants Exxon To Invest More In Clean Energy | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 07, 2020, 11:30 AM CST ExxonMobil faces renewed pressure from investors to change with the times and invest more in clean energy after a new...Continue Reading

Iraq To Budget For $42 Oil In 2021 | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 07, 2020, 11:00 AM CST Iraq will draft its budget based on an average oil...Continue Reading

The ‘Biggest Ever’ Flotilla Of Iranian Tankers Is En Route To Venezuela | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Dec 07, 2020, 10:00 AM CST It appears both Iran and Venezuela are ready and willing to test the outgoing Trump administration...Continue Reading

Strike Could Shut Down All Ports In OPEC Producer Nigeria | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 07, 2020, 9:30 AM CST Trade unions in Nigeria are threatening...Continue Reading

Iran Prepares For Oil Export Boost | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 07, 2020, 9:00 AM CST Iran is preparing to start expanding its crude oil exports ahead of...Continue Reading

If a Biden presidency leads to a resumption in Iranian and Venezuelan oil exports, the new supply will likely cause a further headache for the OPEC+ alliance and would also reshape crude flows to Asia. SourceContinue Reading

The firm, to be called Energy Development Oman, will own a shareholding in Petroleum Development Oman LLC as well as an interest in Block 6, according to a government gazette on Sunday. The company will “undertake hydrocarbon exploration and production operations” and can borrow money “in any manner.” SourceContinue Reading

Crude futures were down 1.9% in New York, with the dollar trading higher and European stock markets declining. It follows a rally last week after OPEC and its allies agreed to add 500,000 barrels a day of output from January to a market that’s showing signs of recovery. SourceContinue Reading