When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.
Read More »Russia’s Oil Companies Big Gain amid Sanctions
In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »Japan Still Seeks Exemption from US Boycott for Iran Oil
Tokyo has asked Washington to exempt Japan from the embargo.
Read More »US Sanctions Harmful for Europe Firms
The Europe is reliant on oil imports for 98 percent of demand.
Read More »Iran will Rise Electricity Production by March 2019
Iranian power plants will have an increase of 5.000 megawatts by the end of the current Iranian calendar year.
Read More »Oil to See Monthly Gain due to Escalating Supply Risks
U.S. prices have been supported by a drop in crude inventories.
Read More »China Still Buyer of Iranian Oil
As the US sanctions on Iran'.s oil are booming. Washington sent two officials to satisfy China to cut off oil imports from Iran.
Read More »US Argues that Iran Sanctions are Legal
Tensions between the U.S. and Iran spiked earlier this year when President Trump pulled the U.S. out of the 2015 Iran nuclear pact.
Read More »Iran Is still Committed to Nuclear Deal
The International Atomic Energy Agency said Iran has not exceeded uranium enrichment limits.
Read More »Iran Is still Committed to Nuclear Deal
The International Atomic Energy Agency said Iran has not exceeded uranium enrichment limits.
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