Russia has budgeted much lower prices than the current ones for 2019.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
China and India now account for about a fifth of global strategic reserves.
Read More »Oil. Gas Instrumental to Climate-Change Solution
A combination of these solutions would go a long way in minimizing the impact of climate change.
Read More »Iraq Seeking Iran’s Help in Reconstruction Ignoring US Pressures
Iraqi ambassador to Iran Sa’ad Jawad Qandil told a trade conference in Tehran that Baghdad is in dire need of economic and technical helps by the Islamic Republic.
Read More »Iran’s 100-Day Exports to Iraq Rise by 20%
Iran has exported $ 2.5 billion worth of goods to Iraq in the past 100 days which indicates a 20% spike compared with the corresponding period in the last year.
Read More »Iran No Threat to World Energy Security
Iranian Oil Minister Bijan Zangeneh said Falih is a technocrat and a respectable person and does not often speak politically. and he must have probably been asked to say such political things.
Read More »OPEC Design to Grasp Market Share from Shale
It looks like the cartel aims for higher oil prices now and will think of regaining market share later.
Read More »Tehran Hosting Intl. Course on Nuclear Security Architecture
The event focuses on the strategies and solutions for nuclear safety. security. and safeguarding.
Read More »Iranian Oil-Laden Tanker Seized by UK Marines off Gibraltar Was Not Bound for Syria
Tehran has summoned the UK'.s ambassador to Iran over the incident. calling the seizure a form of piracy.
Read More »Iran: IAEA Should Hold Special Meeting on US Violation of N. Deal
Iran could continue enrichment to the levels that it needs for fueling its power plants.
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