Oil

Iran'.s exports to Asia last month were the lowest since February 2016. Reuters'. calculations showed.

Siemens had added solutions that “can help oil firms have transparency on the operations of equipment from remote locations. thereby enhancing efficiency.

Russia and Saudi Arabia may potentially invest billions of dollars into implementation of joint oil projects.

St. Petersburg International Economic Forum also offered innovative and attractive solutions for the oil and gas sectors.

The current global limit for sulphur content of ships’ fuel oil is 3.5% by mass.

OMV could help Gazprom Neft in the initial geological assessment of two blocks in Iran.

Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.

Qatar says move is ".unjustified". and says it carries out its duties in the fight against terrorism.

Geopolitical consequences aside. market experts believe that the situation around Qatar may serve to become a positive factor for rising oil prices.

Japan’s biggest exploration and production company. Inpex. will consider bidding in the tender to develop Iran’s Azadegan oil field.