Energy Economy

OECD oil inventories as of March stood 22.8 million barrels above the five-year average.

China’s decision to impose tariffs on US LNG will make LNG projects outside of the US more attractive.

Iran plans to boost steel output to 55 million tons a year by 2025.

Two Dutch firms have participated in the 24th Iran Oil Show. including Dutch Energy Solutions.

All members remain focused on OPEC'.s principal objective to ensure stability at all times in n the oil market.

Iranian and Turkish officials have already reached agreement to set up a joint bank.