Tag Archives: International Organizations

The big question for energy market observers is whether the hysteria surrounding the Coronavirus has seeped over into oil demand forecasts and market sentiment.

OPEC producers in OPEC+ are currently discussing whether to meet earlier than their scheduled gathering in Vienna on March 5-6.

Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.

Iran has clearly stated that it will reverse its nuclear measures if its demands under the deal are fulfilled.

Oil prices have fallen by more than $11 a barrel this year to $55. alarming producers.

Producers are weighing further output cuts and moving a planned policy meeting to February rather than March.

A recent decision by the three European parties to the 2015 nuclear deal. known as the Joint Comprehensive Plan of Action (JCPOA). to trigger the so-called snapback mechanism will not be implemented.

Europe’s refusal of fuel delivery to Iranian aircrafts in some European airports in recent days under the excuse of US sanctions imposed against the Islamic Republic of Iran.

All of three European countries insisted that this is not a measure oriented to finish with JCPOA. but to try to keep it alive. to give time for negotiation.

Iranian Minister of Communications and Information Technology (ICT) Mohammad Javad Azari Jahromi said that Islamic Republic of Iran took the first step for sending astronaut to space.