Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
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).
Read More »S.Africa Sees No Limitation for Direct Cooperation with Iran
Crude Oil Futures Lower as US. Saudi Poised to Fill Iran`s Supply Void
The number of rigs targeting gas rose by nine to 224. while the oil-directed rig total increased by 11 to 857.
Read More »Market Awaits Impact of Iran Sanction Waivers Expiration
EIA data showed the inventories jumped almost 10 million barrels last week.
Read More »Russia Reaches OPEC+ Oil Output Target by Late April
Russia is the only participant that can reduce production gradually as was the case in 2017.
Read More »OPEC Tries to Depoliticise Oil
The United States has demanded that buyers of Iranian oil stop purchases by the start of May or face sanctions.
Read More »Saudi Oil Exports below 7 Million bpd Till End of May
Saudi'.s oil production would be much lower than 10 million bpd until the end of next month.
Read More »Trump Wants Cheap Oil. but ‘Saudis Need Higher Prices’
Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Oil Falls after Trump Urges Greater OPEC Output to Replace Iranian Oil
The cuts have been supported by some non-OPEC producers. most notably Russia.
Read More »Crude Oil Futures Lower on Trump Comments. Awaits Fresh Cues
The 21-mile Strait of Hormuz at the mouth of the Persian Gulf handles roughly 40% of global crude trade.
Read More »US Not Able to Zero Iran`s Oil Exports
The US president'.s threat to decrease Iran'.s oil sales is an illusion.
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