Brent is set to enter 2019 below $54 per barrel and is expected to trend lower amid surging US supply.

The first power transmission agreement between Pakistan and Iran was signed in 2002.

Chabahar is the closest and best access point of Iran to the Indian Ocean.

Iran owns the world’s largest natural gas reserves after Russia.

UAE remains optimistic about achieving a market balance during the first quarter of 2019.

Prelude is expected to have an annual LNG production capacity of 3.6 million tonnes.

The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.

Aramco set the butane price at $420 a tone.

A possible trade deal between the United States and China is progressing well.

Iran has planned to become self-sufficient in gasoline production since several years ago.