Oil

There could be more cuts if there are other non-OPEC countries that will join the agreement.

During the first quarter of 2017. implementation of the Shah Deniz Stage 2 project continued successfully.

The oil share in the country'.s economy had been decreased to about 20 percent.

The headline crude oil drawdown number is certainly supportive. but it could be something a shooting star.

Iraq is on board with extending the deal in the next OPEC meeting to help stabilize oil prices and balance the market.

US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.

India'.s main crude suppliers. Saudi Arabia and Iraq. cut exports to India this year due to production curbs.

Iran has unique potential for turning into a major player in global oil and gas markets.

MAPNA is now busy implementing diversified energy projects in Algeria. Iraq. Oman and Indonesia.