Iraq Earns $7bn In Oil Revenues In April | Iraq Business News 2019 Iraqi Oil Surges 30% To China & 23% To India Surpassing Saudi Arabia As Fastest Growing Market 2017 Iraq’s Largest Oil Refinery Complex In Bayji Being Prepared To Be Placed Back Online: Iraqi Oil Sales Surges Surpassing Saudi Arabia As Fastest Growing Market 2017 Iran, Iraq,…
By John Lee.Iraq’s Ministry of Oil has announced interim oil exports for April of 103,988,853 barrels, giving an average for the month of 3.466 million barrels per day (bpd), up from the 3.377 million bpd exported in Source: Iraq earns $7bn in Oil Revenues in April | Iraq Business News Iraq sees 77% Growth in…
U.S. refiners are receiving smaller shipments of oil from members of the Organization of Petroleum Exporting Countries (OPEC) due to the bloc’s production cut agreement, according to a new report by Bloomberg. Weekly crude imports from seven bloc nations dropped by 14 percent last week, the Energy Information Administration said. The fall brings import levels…
* Open interest trebles in December 2018 $100 calls * $100 calls now largest strike by open interest for 2018 * Interest rising in bullish 2018 calls above $75 By Amanda Cooper LONDON, (Reuters) – When crude prices crashed in early 2016 to $27 per barrel, most industry executives said the world had seen the…
The world’s top oil importer, China, is expected to launch its long-awaited and delayed yuan-denominated oil futures contract at the end of March, according to Reuters’ sources. The petroyuan is seen as Beijing’s challenge to the US dollar, the dominant global currency in oil contract settlements. UPDATE March 26, 2018: China’s Gold PetroYuan Futures Open:…
Petrodollars have dominated the global energy markets for more than 40 years. But now, China is looking to change that by replacing the word dollars for yuan. Nations, of course, have tried this before since the system was set up by former US Secretary of State Henry Kissinger in tandem with the House of Saud back…
Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the [CIA Mossad Proxy Army ISIS aka] terrorist Islamic State, an announcement from the oil ministry said. The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesman Assem…
Oil Prices Finally Break $60 Oil prices finally broke the $60 mark this week after positive EIA reports and strong rhetoric from both OPEC and Russia. Important Note for Energy Investors: Experts predict a dull 2018 for oil, but one obscure public energy company is poised to explode—and this $10 stock could hand you…
Iraq is gaining the edge over Saudi Arabia in the world’s fastest-growing oil consumer amid an intensifying race among producers to retain their most-prized markets. Iraq was the top crude supplier to India for a third month in May, shipping 1 million barrels a day, according to shipping data compiled by Bloomberg. Iraqi supplies accounted…
Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas Maduro. Maduro last week said his government would shun the dollar after the United States announced…
In case anyone was wondering what the Chinese government is up to, this is exactly how China plans to send the price of gold skyrocketing. China Continues Its Massive Accumulation Of Gold: Stephen Leeb: “At the moment, a stack of about 25 recently published books teeters on the floor next to my desk. They’re all about…
What happens when new currency [counterfeit = unbacked Foreign Federal Reserve Note] is created with few limits by central banks and commercial banks? Answer: Far too much debt and currency are created. One Last Grand Manipulation: U.S. Dollar’s Unsustainable Fraud. Everything Is Awesome Right Before The Entire Economy Collapses: No Problem For Iceland As They Jailed…
JAKARTA — The American mining company Freeport-McMoRan has brought the world’s biggest gold mine, in the Indonesian province of West Papua, to a standstill. The corporation is butting heads with the Indonesian government over protectionist mining regulations. And now that Freeport has started to dismiss tens of thousands of workers, the local economy is poised…
“State refiner Sinopec Corp and state-run oil trader Zhuhai Zhenrong Corp, the two biggest Chinese lifters of Iran’s oil, are set to roll over annual supply agreements with National Iranian Oil Company, with combined volumes of about 505,000 bpd,” media sources disclosed. China’s demand for foreign crude could touch new highs as state-run refiners start…
(TASS) Turkey and its counterparts have been working together in order to implement the road map on settling the Syrian crisis, which was adopted in Moscow, Turkish Defense Minister Fikri Isik said while addressing parliament. The minister pointed out that “cooperation with Russia helped achieve progress regarding the withdrawal of civilians from Aleppo.” “On December…
