W.Asia
![W.Asia](/cache/06-20/iraq-75.eebe3c6e.jpg)
2020, June, 9, 17:25:00
IRAQ IS COMMITTED OPEC+
Iraq will stick to its quota in June and July and will make further reductions later on
![W.Asia](/cache/06-20/price-475.9c97d89c.jpg)
2020, June, 8, 13:40:00
OPEC+ EXTENDING ADJUSTMENTS
OPEC+ agreed the option of extending the first phase of the production adjustments pertaining in May and June by one further month.
![W.Asia](/cache/06-20/saudi-167.ac599010.jpg)
2020, June, 8, 13:35:00
SAUDI ARABIA REVENUE DOWN 20%
Saudi Arabia's total oil export revenue for Q1 was Riyal 149.95 billion, down from Riyal 192.03 billion for the same quarter the previous year.
![W.Asia](/cache/06-20/iraq-74.d4dd4c12.jpg)
2020, June, 8, 13:25:00
IRAQ OIL PRODUCTION 4.2 MBD
Iraq's output was well above its quota of 3.592 million b/d for May and June. as agreed under the historic production cuts of OPEC and its allies, led by Russia.
![W.Asia](/cache/06-20/price-469.4ec3e9fe.jpg)
2020, June, 5, 12:40:00
OPEC+ MEETING: JUNE 6
A delegate-level OPEC+ technical committee, co-chaired by Saudi Arabia and Russia, is scheduled to meet June 5 to discuss market conditions and review compliance.
![W.Asia](/cache/06-20/iraq-73.f7e273e8.jpg)
2020, June, 5, 12:10:00
IRAN'S ENERGY FOR IRAQ
Iran signed an agreement on exports of electricity to neighboring Iraq, covering 2020 and 2021.
![W.Asia](/cache/06-20/iran-216.e8be7bba.jpg)
2020, June, 4, 11:25:00
IRAN, IRAQ ENERGY COOPERATION
The US in May extended Iraq's sanctions waiver for 120 days to import Iranian electricity,
![W.Asia](/cache/06-20/israel-2.93b4c929.jpg)
2020, June, 4, 11:05:00
ISRAEL SOLAR INVESTMENT $23 BLN
Israel's government proposed to invest ILS6.5bn (US$1.9bn) to instal of 2 GW of additional solar power capacity.
![W.Asia](/cache/05-20/uae-61.edca3687.jpg)
2020, June, 1, 10:30:00
UAE OIL PRODUCTION 2.4 MBD
The UAE, which pumped a record 4.1 million b/d in April, has also pledged to trim an extra 100,000 b/d in June, on top of its OPEC+ commitments,
![W.Asia](/cache/05-20/turkey-6.94474276.jpg)
2020, June, 1, 10:25:00
TURKEY'S LNG IMPORTS UP
Turkey imported 2.06 billion cubic meters of LNG in March
![W.Asia](/cache/05-20/saudi-166.01e0270c.jpg)
2020, June, 1, 10:05:00
SAUDI ARABIA'S PIF +$40 BLN
Since the COVID-19 crisis began, the PIF has spent $7.7 billion amassing a portfolio of shake stakes in some of the best-known corporate brand names in the world, including Boeing, Disney, Facebook and Marriott International.
![W.Asia](/cache/05-20/price-445.ecca30bd.jpg)
2020, May, 28, 12:00:00
RUSSIA, SAUDI ARABIA COORDINATION
Russian President Vladimir Putin discussed the oil market with Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday
![W.Asia](/cache/05-20/oil-24.5eb8c446.jpg)
2020, May, 26, 10:30:00
RUSSIA'S OIL FOR CHINA 1.76 MBD
China's crude oil imports from Russia rose 17.7% year on year to 7.2 million mt or 1.76 million b/d in April,
![W.Asia](/cache/05-20/qatar-40.cf420a80.jpg)
2020, May, 26, 10:25:00
QATAR'S INVESTMENT DOWN
Qatar Petroleum maintains its plans to raise its domestic gas liquefaction capacity by 64%
![W.Asia](/cache/05-20/venezuela-86.1674575f.jpg)
2020, May, 25, 12:30:00
IRAN'S FUEL FOR VENEZUELA
The desperately needed shipments have caused a diplomatic standoff between the United States and Iran and Venezuela, which are under U.S. sanctions.