The deal could be ratified by December 15, and once free of the sanctions Iran has said it will double its 1 million barrels per day (bpd) of crude exports within six months. Source Ship and Bunker
Saudi Arabia and Kuwait will struggle to resume oil production from jointly operated fields any time soon due to operational differences and souring political ties between the previously close Gulf OPEC allies, sources familiar with the matter said. Source: Al Jazeera
Leaders from Russia, Turkey, Germany and France will meet in Istanbul next week in an effort to shore up a truce preventing further violence in Syria’s last rebel-held region and bolster the political process toward ending the seven-year civil war. Source: Bloomberg
Russian President Vladimir Putin said Thursday that his country is ready to further strengthen coordination and cooperation with China to safeguard and promote common interests and global peace and development. Source: Xinhuanet
