Prices also weighed down by easing concerns over security in Iraq
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Total: Cautious over Kurdistan
Christophe de Margerie says Kurdistan still has challenges to overcome
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EMEA: Oil and gas outlook stable through 2014
Tension in Iraq have re-introduced the “fear premium” into oil price
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KSA overtaken by US as largest oil producer
The US has overtaken Saudi Arabia as the world’s largest oil producer.
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Zakhem wins $490.31m Kenyan pipeline contract
Zakhem International will also be required to build 4 pumping stations
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Iranian crude exports drop
Iranian exports still exceed the 1mbpd level outlined in the JPOA
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Lukoil hits 120,000bpd target at West Qurna 2
Lukoil averaged production in excess of 120,000 bpd over 90 days
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IEA: Oil stockpiles save the world $3.5 trillion
IEA member states hold 4.1 billion barrels in reserves