Brent was pushed up by the looming sanctions against Iran. which will start targeting its oil sector from Nov. 4.
Read More »Iran Has Full Access to Oil Revenues
Iran has no plan to cut production. and is seriously working on production. and even delayed the repairs.
Read More »New US Sanctions on Iran will Seriously Affect Oil Prices
The US withdrawal from the JCPOA damaged the balance in the JCPOA.
Read More »Aramco Plans to Boost Oil Capacity by 550.000bpd in Q4
The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.
Read More »China Decides to Build First LNG Power Plant
The plant is expected to cost some US$400 million.
Read More »Iran Says Oil Deal with Europe is Close despite U.S. Sanctions
The Islamic Republic is close to a deal with Europe over oil sales.
Read More »Funding for Russian Nord Stream 2 Gas Link to Germany Secure
The Nord Stream 2 project company had intended to go to the market for external financing for up to 70% of the total cost this year.
Read More »Saudi Crown Prince will Discuss Neutral Zone Oil Output during Kuwait Trip
Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.
Read More »Iran Non-Oil Exports to Hit $60bln by March 2019
Iran'.s non-oil exports will increase by the end of the current Iranian calendar year of 1397 (on March 20. 2019).
Read More »Saudi Arabia Plans 10% Increase in Spending to Spur Economic Growth
Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.
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