Iran exported an average of 2.559 million barrels of crude oil per day during September 23-December 21. 2017.
Read More »Geopolitical Highlights Could Rise Oil Beyond $70
When oil goes up inflationary expectations go up as well.
Read More »Iran`s Light Crude Oil Price up $1.8 in a Week
Iran'.s light oil price was reported $64.57 on average since the beginning of 2018.
Read More »Supreme Leader Offers Condolences over `Bitter. Heartrending` Tanker Incident
The Iranian Cabinet declared Monday. January 15. as a nationwide day of public mourning over the tanker disaster.
Read More »Oman to host OPEC meeting
Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Goldman: OPEC doesn`t Want Brent Tops $70
Brent at above $70 a barrel ``will trigger some increased discussion within OPEC.
Read More »Oil Industry Wants Pipelines to be Part of Trump’s Infrastructure Push
The oil industry is having more difficulty than it has before in developing its infrastructure.
Read More »A Big Victim from OPEC`s Oil Cuts
Oil prices and tanker earnings often move in opposite directions.
Read More »Oil Min: OPEC doesn`t Like Oil over $60 as It Nears $70
OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.
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