OPEC and its partners are due to meet at its headquarters in Vienna. Austria. to discuss policy.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
Iran'.s share of OPEC production increased slightly last month.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »Int`l Oil Consortium to Replace Foreign Contractors in Iran
Following the US action. some international companies active in Iranian oil projects said they will withdraw from Iranian projects.
Read More »Third States Shouldn`t Threaten Nord Stream 2 with Sanctions
The Nord Stream 2 project has been welcomed by some countries in Europe. such as Germany and Austria.
Read More »Iran`s First Crude Shipment to Chile in 16 Years
The European Union sent a letter to the US Treasury on June 4 asking for exemptions from sanctions.
Read More »Iran Condemn US Output Rise Request
Iran criticized the Trump administration’s unofficial request to ramp up oil production to offset the shortfall of Iranian crude exports.
Read More »US Asked OPEC to Raise Oil Output Due to High Gasoline Prices
The U.S. request was discussed at the meeting of the relevant ministers of Saudi Arabia. the United Arab Emirates. Kuwait and Oman in Kuwait this Saturday.
Read More »Will Saudi Arabia Listen To U.S. Demands For More Oil?
OPEC officials in Kuwait just a few days ago tried to hash out a strategy ahead of the June 22 meeting.
Read More »Russian Companies Continue Trade with Iran
Russian companies will continue doing business in Iran as if nothing happened at all – in oil. gas and nuclear energy.
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