Iran exported 2.4 MMbbl d of crude oil in May. SHANA reported. and 300.000 bbl d of natural gas condensate.
Read More »U.S. to Impose Sanctions on European Companies in Russian Pipeline Project
The decision would test already fraught relations with Germany. other allies.
Read More »Iran Asks OPEC to Support against U.S. Sanctions
OPEC governors meet next in October.
Read More »Azerbaijan Inaugurates Southern Gas Corridor Key Terminal
BP’s Sangachal terminal in Azerbaijan meets world safety standards and is now ready for first commercial deliveries in 2018.
Read More »OPEC’s Plans to Boost Output have Spooked Oil Market Bulls
Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by 1 million barrels a day.
Read More »US Pushes China to Buy its Oil and Gas
Beijing and Washington agreed not to unleash a new trade war because of increased US customs duties on Chinese goods and tit-for-tat measures by China.
Read More »OPEC and Russia Change Tack with Plan to Open Oil Floodgates
Now Russia and Saudi Arabia are discussing opening the taps by an extra million barrels per day.
Read More »Asian and US Stocks Rise on US-N.Korea Summit
In the currency market. the euro bounced back from a low of $1.1646 touched on Friday to trade at $1.1685.
Read More »Oil Price Drops as Saudis Signal Likely Supply Boost
Asian markets mostly fell Friday after the news of Trump'.s cancellation of the summit.
Read More »Chinese Firms Buy American Oil and Grains to Ease Tensions
Other Chinese refiners are looking to reconfigure their plants so they could buy and process U.S. oil. one trade source said.
Read More »