Oil

Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month.

The oil price in the beginning of 2016 plunged to below $30. but currently it is around $55.

Maximizing NIOC'.s revenues and reducing its transportation and maintenance costs are the chief strategies NIOC'.s international department.

Iran’s oil ministry is carrying out initial studies to diversify the sources of its gas exports.

The current loading and export capacity for gas condensate stands at about two million barrels.

Iran earned around $25 billion from selling crude oil in its previous fiscal.

Iran’s crude oil storage capacity is expected to increase by 10 million barrels.

South Korea'.s Iranian crude oil imports in December soared nearly eight times more than a year ago.

For the third year in a row. India’s oil demand growth will outpace China’s demand growth.

Oil output in the Iranian field has reached 50 thousand barrels.