Tag Archives: Hossein Kazempour Ardebili

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.

Lack of proposal will not enable the US to null export of Iranian oil.

Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.

Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.

The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.

Russia. Saudi Arabia and others are raising their oil output by one million bpd to adversely affect Iran'.s oil exports.

Saudi Arabia’s stated spare capacity is actually lower than its actual spare capacity.

The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.

The US president had launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia.

Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.