Tag Archives: Asia

Secretary General of Iran-Iraq Joint Chamber of Commerce informed on Saturday that presently Iran supplies 40 percent of Iraqi’s need for electricity.

Iranian firms are set to take part at the 46th International trade exhibition which will be held in Iraqi capital Baghdad early November.

Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.

Iranian Ambassador to Dushanbe Mohammad Taqi Saberi expressed his country’s readiness and willingness for expanding bilateral ties with Tajikistan in areas of commerce and economy.

Turkish companies are more inclined to invest in Iran than any other foreign companies.

Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".

At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.

The 24-member OPEC and non-OPEC alliance decided last year to cut production by 1.2 million barrels per day (bpd) from January 2019.

Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.

Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.