Average US exports of oil products have risen 7% so far this year.
Read More »Oil Market Release from Impact of US-China Trade Dispute
Saudi Arabia was the No. 1 supplier to China for a decade up to 2016.
Read More »Iran Steel Production Rises 17%
Iran has been ranked the world’s 11th biggest producer of steel under Worldsteel'.s review.
Read More »Saudi Aramco Creates Fuel Retail Company
Saudi Aramco Retail Company will sell automotive fuels through a network of filling stations in the country.
Read More »Iran Plans 3 Million Barrels of Oil Sale to Private Exporters
Private companies can only buy crude oil for exports.
Read More »Turkey could Export Renewables to Its Region
Middle East. Caucasian and Africa are potential export markets for Turkey'.s renewables sector.
Read More »Iran. Afghanistan. India Sign MoU for Chabahar Port Agreement
The second meeting of the committee will be hosted by India in the first half of 2019.
Read More »Azerbaijan. Russia to Create Joint Venture in Oil and Gas Sector
Russia invested $4.2 billion in Azerbaijani economy in different forms. including in the form of joint ventures.
Read More »Iraq. Kuwait to Study the Development of Shared Oil Fields
For years. Iraq and Kuwait have been discussing ways to develop and share the cross-border oil fields.
Read More »Novak Expects Oil Market to Stabilize by Summer
The demand will traditionally grow during the summer.
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