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.
Read More »Iran Eyeing Further Trade with Tajikistan
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.
Read More »Turkish Firms Keen on Investing in Iran
Turkish companies are more inclined to invest in Iran than any other foreign companies.
Read More »Explosion at Largest Crude Oil Stabilization Plant
Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".
Read More »Oil Rises as US. China Swap Concessions in Trade War
At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.
Read More »Saudi Arabia Raps Oil Producers over Flouting of Output Cuts
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.
Read More »US is Close to Overtake Saudi Arabia as the World`s Top Oil Exporter
Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »Envoy Calls on India to Resume Iranian Oil Imports
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.
Read More »Novak Confident New Saudi Counterpart Will Boost Bilateral Ties
Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
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