The geopolitical reality in the Middle East is changing dramatically.
Read More »Venezuela to Invite More Countries to Join Output Cuts
Iran’s Oil Minister Bijan Zanganeh told Reuters at the event that there is ``no objection`` to the proposal for deeper cuts.
Read More »Saudi king`s Visit to Russia Heralds Shift in Global Power Structures
Vladimir Putin hopes first official trip by Saudi monarch to Moscow will seal powerful new alliance centered on oil and conflicts in the Gulf states.
Read More »Saudi King Heads to Russia. with Oil. Investment and Syria on Agenda
Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.
Read More »US Sanctions Against Iran Would See Grudging International Compliance
If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.
Read More »Erdogan`s Visit to Tehran Very Important Due to Regional Developments
The two countries'. cooperation will form stability in the region.
Read More »Aramco IPO Could End OPEC Status Quo
In the meantime. the Saudis have lost some of their market share. both to Russia and Iraq.
Read More »Citi: An Oil Supply Squeeze Is Inevitable
Venezuela is in disarray and in no condition to expand its oil production.
Read More »Azerbaijan. Iran Preparing Joint Energy Projects in Caspian Sea
There is a huge ground for cooperation in the energy sector between Iran and Azerbaijan to help boost the two nation'.s economic development.
Read More »China Looks to Create National Natural Gas Pipeline Firm
China is expected to account for 40 percent of the global annual growth in natural gas demand over the next five years.
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