Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Saudi Arabia to Cut Aug Arab Light Crude Price from 4-yr High
Tesla to Produce Massive Battery System
The cost of battery storage continues to drop throughout the industry.
Read More »Iran to Let Private Sector to Export Oil to Help Beat U.S. Sanctions
Iranian crude will be offered on the bourse and the private sector can export it.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Nord Stream 2 is Russia’s Tool for Putting Pressure on EU
For Russia. gas is a mechanism of political impact and a source of huge corruption.
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »Iraq Oil Exports from Southern Ports Rise to 3.521 Million bpd in June
Iraq exported 3.490 million bpd of crude oil in May.
Read More »Thanks to Rising Oil Prices. Saudi Economy Grows 1.15% in the First Quarter
Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.
Read More »Kuwait will Rise Oil Output by 85.000 bpd
OPEC agreed with Russia and other oil-producing allies this month to raise output from July by about 1 million bpd.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
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