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).
Read More »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.
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