Iran was the first and largest manufacturer of MDI in the Middle East.
Read More »Iran Obligated to Supply Cut Deal
Iran was the only country allowed to slightly boost output.
Read More »Iran to Realize OPEC-Designated Production Quota
It was decided during the meeting that majority of members curtail production by a combined amount of 1.2 million barrels.
Read More »Iran to Raise Output by 90.000 bpd on OPEC Decision
The average production of oil during the first 6 months of the year should stand at the established quota.
Read More »Raising Crude Output by 90.000 bpd on OPEC decision
The OPEC 171st session aiming at reviewing the oil freeze plan was held in Vienna on November 30.
Read More »Trump’s Pledge to Break from OPEC Echoes Old Refrain
Trump’s goal may not be completely unobtainable as US oil production has been on the rise and signs point toward possible energy independence.
Read More »Iran Resolute in Quest for Bigger Oil Market Share
Iran is now pumping around 3.8 million barrels per day of oil and condensate.
Read More »Obama Extends National Emergency on Iran
In November. Obama extended a separate national emergency against Iran.
Read More »Iran`s Crude Oil at $53
Iran'.s light and higher-value crude averaged $41 per barrel in 2016 and its heavy oil grade averaged $39.19.
Read More »Iran`s Crude Sales to Europe Raising
Iran has ramped up oil exports to European customers to 710.000 barrels per day
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