Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member. four sources said.
Read More »Saudi Arabia. Bahrain habituated to following US: Iran
Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.
Read More »Saudi Arabia to Ditch Dollar if Washington Passes NOPEC Bill
At the current price of USD 70 per barrel. the annual value of global oil output is USD 2.5 trillion.
Read More »US will Add 34 of Venezuelan State Oil Firm`s Vessels to Sanctions List
The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.
Read More »Amano Reaffirms Iran`s Compliance with Nuclear Deal
IAEA inspectors have full access to all locations required to verify the deal'.s implementation.
Read More »Trump Issues New Permit for Keystone XL Pipeline Project
The 36-inch diameter pipeline project is planned to begin at Hardisty in Alberta province.
Read More »US Appreciates India`s Efforts to Cut Oil Imports from Venezuela
The US. along with 50 other countries recognized Guaido as the legitimate President.
Read More »Trump`s Plan to Preserve Benefits for Oil Drillers in Future
The Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms.
Read More »Asia Remained Top U.S. Oil Buyer in 2018
China passed on U.S. crude for much of the second half of last year amid a series of tit-for-tat tariff measures.
Read More »EU Plans to Set Up Nuclear Security Center in Iran
The European Union plans to establish a nuclear security center in Iran.
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