Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Production has plummeted by about 850.000 barrels per day (bpd) from little more than one million bpd.
Read More »Libyan NOC Requests Sanctions over Push to Sell Oil from East
EU Tries to Save Iran Nuclear Deal
Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.
Read More »South Korea Sends Delegation to Iran ahead Resumption of US Sanctions
Government working to negotiate with Trump administration to maintain relations with Iran.
Read More »Khalifa Haftar has Some Conditions before Reopening Oil Ports
Five conditions are needed to solve the crisis to get it over with the terrorist groups.
Read More »EU Oppose any Attempts to Legally Sell Libya`s Oil
The European Union said it is going to oppose any attempt to sell or purchase Libyan oil outside the official channels managed by NOC.
Read More »Dollar in 11-Month Peak. as Oil Slides Ahead of OPEC
Saudi Arabia is trying to convince fellow OPEC members to pump more oil.
Read More »Oil Climbs over 2 Percent. Shrugs off API`s U.S. Crude Build
Oil prices surged on Wednesday. shrugging off an unexpected build in U.S. crude stockpiles.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
Read More »Arab Economies. Winners of U.S. Exit of Iran Deal
The U.S. move threatens Iran with lower export income and less access to hard currency.
Read More »U.S. Stocks Jump 1 Percent Led by Tech Gains. Oil Prices Rise
The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.
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