The average price of Iranian oil since the beginning of the current year has been 67.41 dollars per barrel.
Read More »Iran Exports 2.7mbd in May
Over last year (1396) Iran exported 2.115 million barrels a day crude oil on an average basis.
Read More »Russia Seeks Increase Oil Quota
Rosneft this week started testing its capacity to increase output.
Read More »Arab Oil Ministers Call for Continued OPEC. Non-OPEC Cooperation
The agreement has helped raise oil prices to above $80 a barrel and reduce a global oil supply glut.
Read More »India will Pay for Iranian Oil in Rupees
Indian refiners have recently expressed willingness to maintain oil imports from Iran.
Read More »India will Pay for Iranian Oil in Rupees
Indian refiners have recently expressed willingness to maintain oil imports from Iran.
Read More »Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Iran Keeps Position as Top Crude Oil Exporter to Turkey
Crude oil and diesel imports held the biggest share of Turkey'.s total oil imports in 2017 at 25.8 million tons and 13.5 million tons. respectively.
Read More »Oil Climbs over 2 Percent. Shrugs off API`s U.S. Crude Build
Oil prices surged on Wednesday. shrugging off an unexpected build in U.S. crude stockpiles.
Read More »Barkindo Denounce Under-Investment in Global Oil Industry
Every effort should be made to avoid a potential supply gap.
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