Tag Archives: Central Bank

Production has plummeted by about 850.000 barrels per day (bpd) from little more than one million bpd.

Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.

Government working to negotiate with Trump administration to maintain relations with Iran.

Five conditions are needed to solve the crisis to get it over with the terrorist groups.

The European Union said it is going to oppose any attempt to sell or purchase Libyan oil outside the official channels managed by NOC.

Saudi Arabia is trying to convince fellow OPEC members to pump more oil.

Oil prices surged on Wednesday. shrugging off an unexpected build in U.S. crude stockpiles.

Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.

The U.S. move threatens Iran with lower export income and less access to hard currency.

The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.