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2014-04-13 20:00:00

IRAQ SET 300 M

IRAQ SET 300 M

The Iraqi Ministry of Oil aims to export 300 million oil barrels to the international markets in 2014, said a report citing the country's oil minister.

The Minister of Oil, Abdul Kareem Leibi revealed this on the margin of the 13th Turkish International Oil and Gas Conference recently, reported All Iraq News.

"Iraqi Ministry of Oil exerts efforts to upgrade the natural gas system that involves Egypt, Jordan, Syria, Lebanon, Iraq and Turkey," he added.

albawaba.com

Tags: IRAQ, OIL

Chronicle:

IRAQ SET 300 M
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

IRAQ SET 300 M
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

IRAQ SET 300 M
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

IRAQ SET 300 M
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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