The price of crude oil is up about 30% this year.
Read More »Iran to Set Up Financial Channel to Return Exports Revenues from Iraq
A senior Iranian economic official announced that his country will launch a special financial channel to return the revenues from exports to Iraq.
Read More »Annual Export of Non-Oil Goods from Iran’s Southern Province Hits $16.5 Bln
Products worth $16.5 billion were exported through the gates of the customs department of the Southern Iranian province of Hormuzgan in the last Persian calendar year (ended on March 20). of which $2.7 billion were the goods produced in the province.
Read More »OPEC+ Cooperation should Include Joint Investments Issues
Partnership among the OPEC+ nations should include issues of joint investments and technological cooperation.
Read More »OPEC+ Should Keep Oil Cuts. Even with Supply Risks Ahead
OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »Trade War Leaves LNG Projects Vulnerable
China’s decision to impose tariffs on US LNG will make LNG projects outside of the US more attractive.
Read More »Iran not much Concerned about Fresh US Sanctions
Iran plans to boost steel output to 55 million tons a year by 2025.
Read More »Iran’s Oil Industry Open to Int’l Participation
Two Dutch firms have participated in the 24th Iran Oil Show. including Dutch Energy Solutions.
Read More »OPEC+ Working to Avoid `Any Energy Crisis` with 2 Members under Sanctions
All members remain focused on OPEC'.s principal objective to ensure stability at all times in n the oil market.
Read More »Iran`s Non-Oil Exports to Turkey Surpass $2.3 Billion
Iranian and Turkish officials have already reached agreement to set up a joint bank.
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