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Greek tanker loots two million barrels of Yemen’s crude oil
The Greek-flagged tanker ship left Yemeni's Al-Dhaba port with $200 million worth of stolen crude oil
Aug 20, 2022
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Saudi-led coalition loots 400,000 barrels of Yemeni crude oil
Over the past two weeks, the US-backed military coalition has stolen more than two million barrels of oil from the war-torn country, worth well over $300 million
Jun 27, 2022
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China to receive two million barrels of Iranian oil, despite US sanctions
Iran has been cooperating with China, Russia, Venezuela, and Cuba in order to bypass the effects of US economic sanctions
May 19, 2022
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In defiance of US sanctions Iran delivers 2 mln barrels of oil condensate to Venezuela
Thanks in large part to the aid of Iran, Venezuela has been able to restart it's oil industry
Feb 01, 2022
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Iranian oil exports hit record high, reach pre-sanction levels
Tehran’s oil exports have been limited since former US President Donald Trump exited the 2015 nuclear accord in 2018
Jan 16, 2023
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Washington’s theft of Syrian oil continues unimpeded
Hundreds of fuel tankers filled with Syrian oil are smuggled every month into the Iraqi Kurdistan Region by the US occupation army and its proxy Kurdish militias
Dec 23, 2022
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Russia overtakes Iraq as India’s leading oil supplier
Since the start of the war in Ukraine, India has become the primary outlet for seaborne oil cargoes
Dec 14, 2022
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Stolen Syrian oil: The fuel for Syria’s partition
The role of the US military in stealing Syria’s oil runs deeper than mere petty theft. The funds are used to prop up Kurdish self-rule and ensure Syria's geographic division.
Dec 12, 2022
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Chinese leader urges GCC nations to adopt yuan, Shanghai exchange for oil and gas trade
Xi Jinping called China and Gulf nations 'natural partners' and urged regional leaders to be partners in promoting unity, development, and security
Dec 09, 2022
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Russia to provide Pakistan with wheat, oil
A source from Pakistan's ministry of energy revealed that Russia could provide 100,000 bpd of crude oil
Dec 08, 2022
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Turkiye obstructs oil shipments from Russia and Kazakhstan
Tankers moved through the strait require a letter from their insurance company before moving through Turkish controlled waters
Dec 05, 2022
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As oil comes under pressure from recession fears, OPEC+ keeps reduction policy
OPEC anticipates a 2.24 million bpd increase in oil demand for the next year, which is 100,000 bpd less than anticipated
Dec 05, 2022
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OPEC+ to stick to oil output reduction
Washington's most senior energy, economic, and foreign policy officials were tasked with lobbying Kuwait, Saudi Arabia, and the UAE to vote against the proposed output cuts
Dec 03, 2022
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UAE will speed up expansion of oil production facilities to meet global demand
The Emirati state-owned oil company will spend $150 billion over the next five years to raise the country's daily oil output by five million barrels
Nov 29, 2022
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Saudi Arabia and Kuwait deny supporting OPEC oil production increase
The OPEC+ decision last month to cut oil production by two million barrels per day strained Saudi-US relations
Nov 22, 2022
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Yemeni armed forces prevent oil theft by foreign tanker
This is not the first time the Yemeni military intervene's to stop foreign vessels from departing off with national oil
Nov 22, 2022
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Recession fears – OPEC cuts oil demand growth forecast
OPEC has made another cut to its global oil demand growth forecast, shaving around 100,000 bpd from its projections
Nov 14, 2022
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Washington continues its oil looting operations across Syria
Just a day earlier, the US had stolen large quantities of oil and wheat from different areas in Syria
Nov 14, 2022
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Syria in control of only one oilfield in US-occupied Deir Ezzor: Official
US occupation troops plunder at least 80 percent of Syria's daily oil production, as Washington has established over two dozen illegal military bases in the resource-rich northeast
Nov 12, 2022
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Iran increases oil exports to 3.8 million bpd: NIGC
Iran is expected to increase production to 4 million barrels per day, and supply new customers across the global energy market
Nov 08, 2022
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Iraq dismantles oil smuggling network involving senior officers
According to official statistics, the smuggled quantities are estimated at 75 million liters per month
Nov 03, 2022
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Iraq reaches $9 billion in oil revenues, first increase in three months
Iraq's October oil revenues have brought its annual revenues to approximately $99.7 billion, already surpassing its revenues from 2021
Nov 01, 2022
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OPEC+ trusted to balance oil supply and demand: UAE
Gulf oil giants remain steadfast in defending a major oil supply cut by OPEC+ despite threats made by the White House
Oct 31, 2022
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Biden turns to emergency oil reserves after latest snub from Gulf partners
The SPR has shrunk to its lowest levels in nearly four decades, as Washington continues to use the emergency reserves to keep fuel prices down
Oct 18, 2022
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Saudi crude oil exports on the rise despite OPEC+ output cut
Saudi Arabia's increase in daily production compensates for the shortfall of other oil producing economies
Oct 17, 2022
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Venezuela begins refining 100,000 barrels of Iranian crude per day
Iran has become an instrumental partner for Venezuela, helping the besieged nation revive an oil industry that for years has been the target of US sanctions and sabotage attacks
Oct 17, 2022
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Arab oil giants endorse OPEC+ production cut, shoot down US claims of ‘Saudi pressure’
The White House has been scrambling for a 'response' to their Gulf partners after failing to stop a major oil production cut ahead of midterm elections
Oct 17, 2022
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War of words escalates as Washington says Riyadh ‘coerced’ Gulf nations to cut oil production
Despite the recent US posturing, officials in Washington say the White House has no plans to cut military cooperation with Saudi Arabia, fearing this would foster its bonds with Russia and China
Oct 14, 2022
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Oil cuts: A perfect storm in US foreign policy
The Biden administration’s poor dealings with oil producing countries will have major political and economic ramifications for the west
Oct 11, 2022
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US army loots new batch of Syrian oil as fuel crisis deepens
In the middle of a fuel supply crisis, the US occupation army is stepping up the theft of Syrian oil
Oct 08, 2022
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