Every member in the OPEC+ group is a responsible and responsive oil producer.
Read More »Turkey will Continue Drilling in Eastern Mediterranean with UK Ship
Turkey has consistently contested the Greek Cypriot administration’s unilateral drilling in the area.
Read More »COVID-19. Main Culprit in Recent Oil Price Fluctuations
Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
Read More »U.S. Business Gauge Tumbles to Lowest Since 2013 on Virus
U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders. a warning sign that the outbreak is starting to dent the world’s largest economy.
Read More »Oil Prices Down with Virus Rebound and Libya Risks
On Friday. Brent closed at $58.30 while WTI saw prices of $53.38 per barrel.
Read More »EU Only Pays Lip Service to JCPOA Commitments
Iranian Parliament Speaker Ali Larijani said that the European Union is only paying lip service to its commitments under the Joint Comprehensive Plan of Action (JCPOA).
Read More »FATF Blacklisting to Serve as Justification for Inhumane Sanctions on Iran
Iranian President Hassan Rouhani condemned the Financial Action Task Force’s decision to blacklist Iran. saying the move will be used to justify the intensification of inhumane sanctions on the country.
Read More »Iran`s Main Stock Market Keeps Rising despite Rial Fall
The total value in the main Iranian stock exchange has reached all-time highs thanks to a boom in trade.
Read More »Zangeneh Talks with Russia’s Novak Prior to OPEC Meeting
Iranian Minister of Petroleum Bijan Zangeneh discussed topics regarding the upcoming OPEC meeting with his Russian opposite number Alexander Novak.
Read More »Iran not Looking for JCPOA`s End
The root cause of insecurity in the region is the United States'. presence and behaviour towards the region.
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