Thursday 3 September 2015
 
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Oil

Opec oil output in August falls from record on Iraq disruption

Opec oil output fell in August from the highest monthly level in recent history, a Reuters survey found, as disruptions to flows on Iraq's northern pipeline halted supply growth from the group's second-largest producer. 

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North Iraq oil exports down in August due to pipeline disruption

Oil exports from northern Iraq fell by around 44,000 barrels per day (bpd) in August to an average of 472,832 bpd due to disruption of the pipeline to Turkey, the Kurdistan region's ministry of natural resources said.  

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Mideast markets under pressure after oil plunge

Middle East stock markets fell on Wednesday after oil prices plunged again, although steadier global equities and some positive corporate news softened the blow.      Oil futures, which have been the main inf

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Maersk names 'Future Leaders Internship' winners

A select group of aspiring students have won the chance to experience life at Qatar’s largest oil producer, Maersk Oil Qatar (MOQ), as winners of its Future Leaders Internship competition.    The nine

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Maersk names 'Future Leaders Internship' winners

A select group of aspiring students have won the chance to experience life at Qatar’s largest oil producer, Maersk Oil Qatar (MOQ), as winners of its Future Leaders Internship competition.    The nine

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Rising oil output boosts Saudi economic growth

Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed, but growth looks likely to slow in coming months as low oil prices make themselves felt. &

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Rising oil output boosts Saudi economic growth

Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed, but growth looks likely to slow in coming months as low oil prices make themselves felt. &

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Iran to finalise new oil contracts model in weeks

Iran expects to finalise the wording for a new model for international oil contracts in the next three weeks, the oil minister said on Monday, as Tehran seeks to boost recovery from its fields with the help of foreign companies. T

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Arab Opec producers brace for oil-price weakness

A second oil price rout of 2015 has forced Arab Opec members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.  

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Efficiency mandates to cap recovery in oil demand

Lower prices should help stimulate oil consumption in advanced economies, restoring some of the demand lost over the last decade, as the cost of crude soared from less than $50 to more than $100 per barrel.   In

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