IRAQ OIL RISE 15%
Iraq boosted crude shipments in March to the highest level in more than three decades, adding to a global supply glut that has helped push down oil prices by 46% in the last year.
OPEC’s second-largest producer shipped 92.4 MMbbl in March, or 2.98 MMbpd, said Oil Ministry spokesman Asim Jihad. Iraqi exports gained 15% from February, when foul weather at the country’s southern oil terminals limited shipments to 2.59 MMbpd, according to the Oil Ministry.
“The ministry has made extraordinary efforts to boost crude oil exports to compensate for the delays in loading of tankers due to bad weather,” Jihad said in…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.