Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The producers meet on June 22-23 in Vienna and will discuss a gradual easing of the supply cut.
Read More »Saudi Arabia Plans Leaders` Summit This Year for OPEC. Allies
China Issues Retaliatory Tariffs against the US
Move comes after White House imposed tariffs on $50 billion of Chinese goods.
Read More »The Oil Price Is At a Crossroads
Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »India`s SBI to Stop Handling Iran Oil Payments
India'.s SBI to Stop Handling Iran Oil Payments.
Read More »Brent Decline as Saudi. Russia could Support Output Hike
South Korea’s Iranian crude oil imports fell in May to their lowest since January.
Read More »Russia and Saudi Arabia Agree OPEC+ Format should be Extended
Russia and Saudi Arabia planned to sign a mutual agreement which will draw their cooperation in the energy arena to a new level.
Read More »Will Current OPEC Deal Survive?
At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.
Read More »Libya`s Two Biggest Oil Ports Shut as Fighting Resumes
Reports indicate that the Aframax tanker Minerva Lisa was due to pick up oil at Es Sider Thursday.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
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