Oil prices have stabilized over the last two years largely thanks to a deal between OPEC and non-OPEC oil producers.
Read More »Japan to Suspend Iran Oil Imports under US pressure
Resource-pour Japan relies heavily on imports of oil from the Middle East.
Read More »Saudi Arabia to Implement Oil Pipeline through Yemen to Arabian Sea
The oil pipeline is not the only project that highlights Saudi Arabia’s aspirations in Yemen.
Read More »Iran. Azerbaijan Maritime Transport will Promote
Over 800.000 passengers cross Astara land border each year.
Read More »India Allows State Refiners to Use Iran Tankers. Insurance for Oil Imports
The moves by the two top buyers of Iranian crude indicate that Iran may not be fully cut off from global oil markets from November.
Read More »Turkey will Sign Deal with Qatar to Reduce Energy Supply Costs
The deal will include telecommunications sector and financial services.
Read More »Saudi Arabia may Maintain Oct Light Crude Prices for Asia Cargoes
The October OSPs will also mark the first change in Saudi’s crude price benchmarks since the mid-1980s.
Read More »Zarubezhneft Mulls Joint Oil Production in Uzbekistan
Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.
Read More »Japan Still Seeks Exemption from US Boycott for Iran Oil
Tokyo has asked Washington to exempt Japan from the embargo.
Read More »Turkey’s STAR Refinery will Process Russian Oil
STAR refinery will produce naphtha. ultra-low sulfur diesel. aviation kerosene. petroleum coke. liquefied gas and other products.
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