Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Washington reimposed sanctions on Tehran after the US withdrawal from the Iran nuclear deal in May.
Read More »Iranian Oil to Be Available for Intl Traders at Energy Bourse
Oil Decrease as Saudi Arabia Pledges to Play `Responsible Role` in Market
U.S. crude oil production has climbed by almost a third since mid-2016 to around 11 million barrels per day.
Read More »Oil Rises on Looming Iran Sanctions
OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.
Read More »Oil Rises as Saudi Arabia Threatened to Retaliate any Sanctions
Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Iran Finds New Oil Customers
Iran can export half of its oil but earn like the past.
Read More »India will Continue Iran Oil Purchases despite US Sanctions
India is weighing developing an alternative payment system to purchase Iranian crude oil.
Read More »Oil Price Drops to $83 on Signs of Iran’s Exports
Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Venezuela has Officially Launched Its Oil-Backed Cryptocurrency
Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
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