The dearth of information is a headache for OPEC and allies led by Russia.
Read More »China Leads Global Crude Oil Imports
China imported 10.68 million barrels per day (bpd) of oil in April.
Read More »Moscow Calls on All Countries to Keep Buying Iranian Oil
The administration of US President Donald Trump has long sought to squeeze Iranian oil exports out of the oil market.
Read More »Iran Is Close to EU Oil Sales Deal despite U.S. Sanctions
Iran and the EU are on the brink of agreement. which. despite the return of unilateral American sanctions. will make Iranian oil sales possible.
Read More »Oil Prices Gain as China Set for Trade Talks with US
The U.S. goods and services trade deficit with China was $378.6 billion in 2018.
Read More »US Can’t Ensure Cheap Oil Supply to India
India’s total crude oil imports for FY19 was marginally down to 209.4 million tonne.
Read More »Saudi Aramco Raises All June Asia-Bound Crude OSPs by $0.40-$1.20 b from May
The June Medium grade price differential was the highest since December 2013.
Read More »Iran Selling Oil in `Grey Market`
We sell oil at a recently discovered grey market using all of our capacities.
Read More »It Is Impossible to Eliminate Iranian Oil from the Global Market
OPEC secretary general arrived in Tehran on Thursday and attended in a meeting on the sidelines of the 24th International Oil Exhibition.
Read More »S.Africa Sees No Limitation for Direct Cooperation with Iran
The 24th Iran International Oil. Gas and Petrochemical Exhibition (Iran Oil Show 2019) began on Wednesday (May 1) and will continue until May 4 (Saturday).
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