Iran’s Oil Minister Bijan Zanganeh says the move is necessary to boost prices to a range of $70 to $80 a barrel
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Saudi crude oil exports fall in August
Kingdom shipped 6.998mn bpd in August, down from 7.276mn bpd in July – JODI
Fraud foiled between Saudi Aramco and India’s ONGC
The attempted fraud did not have any financial impact on either of the two companies: Aramco
Gulf Keystone paid $15mn for Iraq oil exports
Company has also announced that that exports from the Shaikan field has now surpassed 15mn barrels
Oil and gas CEOs pledge action on climate change
OGCI CEOs show support for climate change agreement to be reached at next month’s UN summit
Saudi starts oil supplies to Poland: Rosneft chief
Kingdom becomes another Middle Eastern producer to enter a Russia-dominated market
Iran to announce oil projects in Tehran, London
The Iran Petroleum Contracts reportedly includes “dozens of contracts” worth $40bn
Kuwait to press ahead with oil projects
Oil Minister says country will continue investing in developing oil industry
Jordan Petroleum seeks gasoil, aviation gasoline
Company is seeking over 1.1 million barrels of gasoil and aviation gasoline for delivery in November and December
Oil prices to rise in 2016: Qatar Energy Minister
Oil prices are expected to climb back up due to a recovery in the global economy and growth in demand