Crude oil output from OPEC would dip to 29.6 million barrels per day in 2020.
Read More »Iran Boosts Exports of Gasoil to Neighbors
In a move of defiance against US sanctions. Iran has boosted its gasoil sales to its neighbors. trade documents and industry data showed.
Read More »Top Quality Oil Sold Near $100 a Barrel on New Ship Rules
Just shy of $100 a barrel -- that’s the cost of a type of crude that’s become prized thanks to the scramble for cleaner-burning fuels.
Read More »OPEC Sees Growing Supply Threat From Rivals Beyond U.S. Shale
OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.
Read More »Iran Oil Output from North Azadegan Hits 100 Mb
Iran’s crude oil production at North Azadegan Joint Oilfield has reached 100 million barrels since 2016.
Read More »The Wellhead Platform of Salman Oil Field was Constructed and Loaded
Chinese Demand for U.S. LNG Unlikely to Surge as long as Tariffs Remain
Chinese purchases of U.S. liquefied natural gas (LNG) are unlikely to surge.
Read More »IEA Sees well Supplied Oil Market despite Slower US Supply Growth
Saudi Arabia cut crude production to 9.68 million b d from 9.88 million b d in November.
Read More »Iran Eyes Enhanced Output at North Yaran Oilfield
New downhole pumps were being installed in North Yaran Oilfield which would increase the field’s oil output by the end of the current Iranian calendar year to March 20 2020.
Read More »Wellhead Platform Loaded for Salman Oilfield
The S1 Platform of Salman Oilfield. built by relying on domestic capabilities. has been loaded from Khorramshahr Yard.
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