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Oil-Price War Batters Poorer OPEC Members as Coronavirus Looms

With Saudi Arabia preparing to flood oil markets with a surge of output beginning as early as Wednesday, several of its OPEC brethren are cutting...

Iraq’s oil minister says selling crude at $20/b, talking to IOCs...

Dubai — Iraq, OPEC's second-largest oil producer, is...

Iraq Wants 30% Capex Cut From Foreign Oil Firms

Iraq, one of the oil producers worst hit by the oil price crash, is proposing that all foreign oil firms...

Oil Tumbles Towards $20 As Glut Grows

The brief rebound in oil prices was never going to last in the current environment, and as the global crude...

The Biggest Threat To Western Oil Majors

The international oil market is composed of two types of companies: International Oil Companies (IOC) and National Oil Companies (NOC)....