Tag Archives: Oil

THE LEVANT – Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed on Monday, as the top oil exporter fights for market share amid weak demand and ample supplies from rival producers. Saudi crude exports have …

THE LEVANT – Turkey‘s energy minister on Monday denied media reports that his country was buying oil from the Islamic State extremist militia, which has taken over parts of Iraq and Syria. According to the New York Times, Western intelligence officials have tracked illegal oil coming into south-eastern Turkey from northern …

THE LEVANT – By Ariel Ahram -Iraq stands alone in the Arab world in having large quantities of two highly valuable resources—water and oil. Water, of course, has allowed the flourishing of civilization along the banks of the Tigris and Euphrates rivers. Ample endowments of water gave the Iraq the …

THE LEVANT – By Luay Al Khatheeb – The United Nation Security Council dramatically escalated the conflict with the Islamic State of Iraq and Levant (ISIL), Al Nusra Front (JNF) and other Al Qaeda splinter groups by passing UN Resolution 2170 in August 2014, thereby expanding the range of retaliatory measures (short …

THE LEVANT – A seventh tanker filled with northern Iraqi oil has departed from the southeastern Turkish port of Ceyhan, Turkish Energy Minister Taner Yildiz announced on Monday. This brings the number of barrels of oil transferred via pipelines from Iraq to Turkey to 7.8 million. Relations between Irbil and Baghdad …

By Dr. Maha Hosain Aziz, Special to CNN Editor’s note: Maha Hosain Aziz is a professor of politics (adjunct) in NYU’s Graduate School of Arts and Sciences and a senior analyst at geopolitical consultancy Wikistrat. The views expressed are her own. Ask most Americans which country is the world’s largest oil producer is, and …