Oil

Brent was pushed up by the looming sanctions against Iran. which will start targeting its oil sector from Nov. 4.

The microalgae are considered as one of the most promising feedstocks for future bio-diesel production in India. The advantages of microalgae are their widespread availability. higher oil yields and reduced pressure on cultivable land. The difficulty in efficient biodiesel production from algae lies not only in the extraction of the …

Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.

Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.

The Qayara oil field was shut-in for years until last year. due to the war with Islamic State.

Iraq has continued to flare some of the gas extracted alongside crude oil at its fields because of lacks of facility.

Other OPEC countries have been increasing production in recent months.

Markets could still be underestimating the supply crunch from Iran sanctions.

The analysts at Goldman Sachs expect the OPEC producers and Russia to compensate for the drop in Iranian oil supplies.

The sanctions are expected to impact Iranian oil exports.