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Saudi Arabia’s April crude oil production was nearly steady with previous months.
Read More »China has not yet Asked for more Crude Oil from Saudi Arabia
No Country Allowed to Replace Iran in Oil Market
Iran will hold the US and those countries accountable for the negative consequences of attempts to chock Iranian oil exports.
Read More »Iraq Gas Production Set to Triple
The shift is driven by more favorable investment conditions in the Kurdistan Region of Iraq.
Read More »Iraq has Enough Oil Capacity to Meet Customer Needs
IEA expects Iraq to add 1.2 million bpd in 10 years to reach 6 million bpd of production in 2030.
Read More »OPEC Decision to be Made After Reviewing Oil Prices
OPEC is set to meet on June 25 in Vienna to discuss extending the agreement to cut output by 1.2 million b d beyond the end of June.
Read More »End to Iran Sanction Waivers will Tighten Oil Markets in Short Term
The U.S. move increase the risk of conflict in the Middle East.
Read More »Japan Expects Little Impact from U.S. Scrapping Iran Oil Waivers
The United States reimposed sanctions on exports of Iranian oil last November.
Read More »US cannot Force Iran Oil Exports to Zero
The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.
Read More »EU Regrets US Decision on Iran Sanctions
Last year. the United States withdrew from the 2015 Iran nuclear deal and reinstated wide-ranging sanctions on Tehran.
Read More »Iran Sanctions Alarm Korean Petrochemical Sector
Condensate accounts for a majority of the crude oil from Iran.
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