Tag Archives: International News Agency

Several memorandums of understanding are expected to be signed on the sidelines of the exhibition.

Reasonable oil prices would ``encourage producers to keep supply while it would prevent global markets from plunging into instability.

The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.

Despite the price adjustment. sour is still higher on the year.

World oil prices have increased after the trades held on Friday at the leading oil exchanges.

Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.

Iran'.s oil exports to India were over 50% higher than that of last fiscal year.

The exclusivity period to discuss the sale contract would go through May 31.

Russia committed to reduce oil production by 300.000 barrels a day.

Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.