OPEC+ oil ministers will meet in Vienna on March 6.
Read More »Saudi Arabia’s Oil Exports Dropped 11% in 2019
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
Read More »Coronavirus Impact on China’s Power and Renewables Sector
IHS Markit expects that the economic shock is likely to reduce China'.s 2020 GDP growth to 5.4%.
Read More »Iran-Iraq Electricity MoU Halted
Iran is following up on signing an MoU with Syria. which is similar to this MoU inked with Iraq.
Read More »China to Accept Tariff Exemption Applications on US Goods from March 2
The exemptions will enable Chinese companies to import US goods and avoid the tariffs.
Read More »Iran-Oman Trade Volume Exceeds $1 billion
Iran'.s total export to Oman was $146 million in 2013. but last year it reached $728 million.
Read More »Iran-Iraq Electricity MoU Halted
A Memorandum of Understanding (MoU). which was inked between Iran and Iraq on electricty exchange. has currently been suspended. according to an official.
Read More »China Calls US World’s Biggest Spy in Cyberspace
Chinese Foreign Ministry’s official spokesman Geng Shuang said that the United States has turned into the biggest actor of espionage in the cyberspace. while also calling it the empire of hackers.
Read More »Iran. India Finalize Negotiations on Preferential Trade Tariffs
In a meeting between Indian envoy to Tehran and head of Iran Chamber of Commerce. the two sides finalized talks on ratification of preferential tariffs on specific equipment needed for implementation of Iranian Chabahar Port project.
Read More »Iraq Increases Security Around Basra Oil Fields. Facilities
Iraqi protestors have often blocked roads to oil fields and facilities in Iraq since October last year.
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