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Oil prices down amid lower oil demand forecast

Oil prices down amid lower oil demand forecast

Waar Media - 2019-06-12 20:05
WAAR_DUHOK International benchmark Brent crude traded at $61.50 per barrel, while American benchmark West Texas Intermediate (WTI) amounted to $52.23 at 07.17 GMT on Wednesday. Prices fell as the U.S. Energy Information Administration (EIA) cut its forec ...
Oil prices down amid lower oil demand forecast - Waar Media

Oil rig count in US falls by 1 to 788 this week

Waar Media - 2019-06-15 11:52
WAAR_DUHOK The number of oil rigs in the U.S. decreased by 1 this week, from the previous week, according to data released by oilfield services company Baker Hughes on Friday. The oil rig count in the U.S. reached 788 for the week ending June 14, from 78 ...

US Blames Iran for Attacks on Oil Tankers in Oman Gulf

BAS News - 2019-06-13 21:37
ERBIL - The United States has blamed Iran for attacks on the oil tankers in the Oman Gulf, which is a significant route for the world's oil trade. The comments were made by Secretary of State Mike Pompeo on Thursday where he also pointed out that the int ...

2 oil tankers in Gulf of Oman on fire: Iran local media

Waar Media - 2019-06-13 18:21
WAAR_DUHOK Two oil tankers attacked earlier on Thursday in the Gulf of Oman were still ablaze, Iranian local media reported. Iranian Press TV and Fars News Agency had reported that two oil tankers had been attacked in the Gulf of Oman. After the explosio ...

How Japan Can Help the U.S. De-escalate with Iran

International Crisis Group - 2019-06-13 16:36
As Japanese Prime Minister Shinzō Abe visits Iran, President & CEO Robert Malley tells CNN Today that Japan has the capacity to mediate between the U.S. and Iran at a time of heightened tensions. ...

Oil prices rebound from losses after rise in US stocks

Waar Media - 2019-06-13 11:47
WAAR_DUHOK Crude oil prices opened higher Thursday, rebounding from major losses that came on Wednesday amid a surprise increase in the U.S.’ crude inventories. The international benchmark Brent crude oil was trading at $61.03 per barrel at 0622 GMT for ...

Russian missile shield long owned by NATO allies

Waar Media - 2019-06-12 20:05
WAAR_DUHOK At least three NATO members have been using Russian air missile defense systems over the years, even as the U.S. steps up pressure on Turkey and India to withdraw from their own purchases of such hardware. With India having inked a deal with M ...

Oil prices increase at week beginning June 11

Waar Media - 2019-06-11 18:33
WAAR_DUHOK International benchmark Brent crude traded at $64.01 per barrel, while American benchmark West Texas Intermediate (WTI) amounted to $54.21 at 07.19 GMT on Monday. The expectations of extending oil production cut agreement between the Organizat ...

Turkish F-35 pilots training in the U.S. grounded

ANF - 2019-06-11 11:05
The U.S. military has grounded the Turkish pilots training on the F-35 fighter jet in the United States over its plans to purchase a missile system from Russia. ...

Iranian Oil Minister: Iran Has No Intention of Withdrawing From OPEC

Waar Media - 2019-06-08 14:14
WAAR_DUHOK The oil minister’s remark comes after Tehran vowed last month to take retaliatory measures if its interests in the Organisation of Petroleum Exporting Countries (OPEC) are harmed. The Iranian official also pointed out that the organisation is ...

Oil rig count in US falls by 11 this week

Waar Media - 2019-06-08 14:14
WAAR_DUHOK The number of oil rigs in the U.S. decreased by 11 this week, from the previous week, according to data released by oilfield services company Baker Hughes on Friday. The oil rig count in the U.S. reached 789 for the week ending June 7, from 80 ...

US oil output at record level

Waar Media - 2019-06-06 20:19
WAAR_DUHOK Crude oil inventories increased in the U.S. last week, according to data released by the Energy Information Administration (EIA) on Wednesday. Commercial crude oil stocks rose 6.8 million barrels, or 1.4 percent, to 483.3 million barrels for t ...

65 illegal oil refineries still in operation in Erbil, Iraqi Kurdistan

E-Kurd - 2019-06-06 15:36
HEWLÊR-Erbil, Iraq’s Kurdistan region,— There are still 65 out of 124 illegal refineries in Erbil province in Iraqi Kurdistan and they are still in operation and smuggle oil. According to NRT the illicit refineries do not had any legal, environmental and ...

Iraq increases oil revenue in May despite falling global prices

Rûdaw - 2019-06-05 23:33
The average price was $66.683 per barrel slightly down from $67.419 ...

Oil prices see decrease at week beginning June 3

Waar Media - 2019-06-03 14:10
WAAR_DUHOK International benchmark Brent crude traded at $61.30 per barrel, while American benchmark West Texas Intermediate (WTI) amounted to $53.06 at 06.56 GMT on Monday. The U.S.’ crude oil production increased by 97,000 barrels per day (bpd) to the ...

Does the U.S. really want to attack on Iran?

E-Kurd - 2019-05-26 11:28
Payraw Anwar | Exclusive to Ekurd.net Introduction: Tensions between the U.S. and Iran has escalated in recent days. The U.S. President Donald Trump rapidly decided to move an aircraft carrier ship which is known by Abraham Lincoln toward Persian Gulf. T ...

US crude oil stocks, production rise for w/e May 17

Waar Media - 2019-05-23 14:09
WAAR_DUHOK Crude oil inventories and production surged in the U.S. last week, pushing oil prices down, according to data released by the Energy Information Administration (EIA) on Wednesday. Commercial crude oil stocks increased by 4.7 million barrels, o ...

Taking the U.S. and Iran Off Collision Course

International Crisis Group - 2019-05-16 06:19
A series of escalations in both word and deed have raised fears of U.S.-Iranian military confrontation, either direct or by proxy. It is urgent that cooler heads prevail – in European capitals as in Tehran and Washington – to head off the threat of a dis ...

U.S. orders ‘non-emergency’ government employees to leave Iraq

Waar Media - 2019-05-15 15:27
WAAR_DUHOK The State Department on Wednesday ordered all “non-emergency U.S. government employees” to leave Iraq amid soaring tensions with Iran, which backs proxy forces there. It said in a statement that the announcement affects both the U.S. Embassy i ...