Tag Archives: International News Agency

Both Iran’s and Venezuela'.s production woes have contributed significantly to the cartel’s over compliance to the group’s production cut quota.

Saudi Arabia. with the world’s biggest reserves of conventional crude. has long drawn on its prolific deposits to help balance global oil markets.

China is keen to boost the profitability of solar firms in order to reduce the subsidies paid to renewable energy providers.

Iran has warned its next step in reducing commitments under the 2015 nuclear deal will be stronger. with a senior nuclear official saying that 20% uranium enrichment is an option.

Iran’s Minister for Communications and Information Technology has admitted that the ulteracheap electricity is causing the Chinese to enter the country and start mining cryptocurrencies.

Iran'.s oil minister says the world'.s energy supply is threatened by the United States. not Iran which is a major guarantor of energy stability and peace in the region.

As the United States continues rallying the world to uphold brutal international sanctions against the Islamic Republic.

The US has turned from a major oil consumer into a major producer.

China is a signatory of the nuclear deal and has condemned Washington’s decision to exit the deal.

The oil market is caught in a bind and does not know which way to go or trend.