Oil will trade at $50 to $60 a barrel for the ``medium term.`` the IMF said.
Read More »Asian Imports of Iranian Oil Hit Highest in Six Months
Imports to Japan. which announced official figures on Tuesday. were down by more than 30 percent at a bit less than 216.000 bpd.
Read More »Oil Markets Stable on Expected Extension of Output Cuts
Confidence in the oil market is evident in the way financial traders have positioned themselves.
Read More »Azar Oilfield Output Exceeds 4.6m Barrels
Azar. with an extraction rate of 16%. is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Iraq Ups Crude Export Capacity
On Friday. Kurdish and Iraqi pro-government forces which had fought battles as Baghdad took over Kirkuk and other disputed areas announced a ceasefire.
Read More »Shahdaei Appointed as Deputy Oil Minister
Shahdaei is the Islamic Republic'.s first woman deputy oil minister.
Read More »Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »Iran`s Crude Exports to Japan Rise in October
Exports to Europe are set to drop 39 percent to 510.000 bpd in October from a month earlier. Exports to the Middle East will hold at 111.000 bpd.
Read More »Kish Field Development Talks Underway
Total. Gazprom. Schlumberger. Pertamina and Petronas are among the oil majors studying Iran'.s hydrocarbon reservoirs.
Read More »Brent Crude Oil Approaches $60 as Markets Tighten
Rising U.S. crude production remains an issue for OPEC as it strives to clear a global overhang.
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