Last December. Iraq and Iran reached an agreement for oil swap for one year.
Read More »Arab Oil Ministers Call for Continued OPEC. Non-OPEC Cooperation
The agreement has helped raise oil prices to above $80 a barrel and reduce a global oil supply glut.
Read More »Russia’s Natural Gas Pipeline to Turkey will be Extended to Europe
The current Bulgarian government is regretting the decision to ditch South Stream.
Read More »India will Pay for Iranian Oil in Rupees
Indian refiners have recently expressed willingness to maintain oil imports from Iran.
Read More »India will Pay for Iranian Oil in Rupees
Indian refiners have recently expressed willingness to maintain oil imports from Iran.
Read More »Putin Greets Russia-OPEC Partnership
The Russian leader thanked the Crown Prince for the initiatives on development of Russian-UAE hi-tech cooperation.
Read More »Iran-Pakistan Gas Pipeline
Government plans to review project.
Read More »Iran. India to Use National Currencies for Bilateral Trade
Iran is India'.s third-largest oil supplier.
Read More »UAE Provided over 28% of Japan’s Crude Oil Needs in April
Saudi Arabia provided 38.933 million barrels. or 40.3% of the total. Meanwhile. oil from Kuwait came to 9.1%.
Read More »Iran Keeps Position as Top Crude Oil Exporter to Turkey
Crude oil and diesel imports held the biggest share of Turkey'.s total oil imports in 2017 at 25.8 million tons and 13.5 million tons. respectively.
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