Tag Archives: International Organizations

Demand for OPEC crude will average 29.40 million bpd in 2020. down 1.2 million bpd from this year.

Iran'.s crude exports and production have plummeted because of the sanctions.

Iran says it will continue taking steps to cease obligations under the nuclear deal. known as the JCPOA. in 60-day intervals.

At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.

One of the proposals is the development of machine learning solutions to improve and extend diagnostic and prognostic capabilities for predictive maintenance of plants.

The grant will support the next stage of the development of Marine Power Systems’ WaveSub device.

The 24-member OPEC and non-OPEC alliance decided last year to cut production by 1.2 million barrels per day (bpd) from January 2019.

Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.

Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.

Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.