Oil

Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.

Iraq'.s cooperation with Iran on oil and other economic projects has increased remarkably over the recent years.

.The facility was constructed by Iran’s private sector with investment of 280 billion rials

.The project to conserve 10 million barrels of crude oil north of Bushehr Province

.The EIA had forecast small annual average supply builds in both 2017 and 2018

.Venezuelan Foreign Minister Delcy Rodríguez described Venezuela’s relations with Iran as strategic

Iraq has been the main cause of worry for energy investors ever since OPEC agreed to cut its production in November last year

.Implementation of the output cut by OPEC and non-OPEC suppliers has positively influenced the prices

we have no problem to continue talks with Saudi Arabia on further coordination at the OPEC level

.Iran has launched a new project aimed at enhancing production capacity of Abadan Oil Refinery and stabilizing its operation