US crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for US barrels, according to Refinitiv Eikon data and analysts.
The spread between US crude and Brent has narrowed sharply from above $10 per barrel in November to $6....
Iraqi Oil Minister Thamir Ghadhban has said progress has been made on a multi-billion dollar infrastructure project in the south of the country that has been negotiated since 2015 with ExxonMobil and PetroChina, the China National Petroleum Corp subsidiary.
The Southern Iraq Integrated Project...