Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.
Read More »OPEC+ Heavyweights Divided on Need for Urgent Response to China Virus
China is the oil market’s primary source of demand growth and measures taken to slow the spread of the coronavirus.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
Read More »Inida Allocates above $14mn to Iran`s Chabahar Port
he Indian government has allocated some Rs 100 crore for the strategic Chabahar Port project in southeastern Iran that gives India connectivity to Afghanistan bypassing Pakistan.
Read More »Erdogan`s Attempt to Explore Gas in the Eastern Mediterranean
Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.
Read More »Japanese Warship Departs for Gulf to Patrol Oil Lifeline
Tokyo has chosen to operate independently as it navigates disputes in the volatile region.
Read More »OPEC. Russia Move Closer to an Early Meeting
The group unveiled a new set of supply curbs just over a month ago.
Read More »2019 Oil Market Hotbeds
It is not popular for a pro-OPEC oil analyst to start analyzing the market focusing on demand side.
Read More »Oil Figures in Iran’s Contemporary History
Iran’s oil history has been into ups and downs. It would not be exaggeration if we say that we have had several hundred years of history throughout one hundred years of oil operation.
Read More »Iran VP Unveils 2 Knowledge-Based Projects in South Pars
The South Pars North Dome field is a natural-gas condensate field located in the Persian Gulf.
Read More »