Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The market is expecting the EIA to report a 900.000-barrel drop in crude stockpiles for the week ended May 24.
Read More »Oil Prices Gain on Fall in U.S. Crude Inventories
Oil Prices Mixed as Traders Weigh Trump’s Comment. Supply Cuts Led by OPEC
OPEC and some allies including Russia are due to meet next month to discuss output policy going forward.
Read More »Oil Prices Fall Amid Unexpected Increase in Crude Stocks
Positive signs in the Sino-U.S. trade front eased concerns over the potential negative impact on oil demand from the world’s two biggest oil importers.
Read More »China to Form National Oil & Gas Pipeline Company
The formation of a new pipeline company would help reform the energy sector.
Read More »Oil Holds Gains on Signs of Shale Slowdown as OPEC Output Falls
Oil has rebounded this year as OPEC’s production cuts have taken effect.
Read More »Oil Prices Rise amid Disruptions to Libyan Crude Exports
The producer club will curb output by 0.8 million bpd from October levels.
Read More »Oil Prices Remains Weak. Saudi Arabia Vows to Balance Global Glut
The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.
Read More »Iran’s Export Pain Could Mean a Tightening Oil Market
This winter could turn out to be a hot one indeed for oil markets.
Read More »Crude Prices Mixed as U.S. Readies Sanctions on Iran
Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.
Read More »Brent Oil Stabilizes near $72 as Economic Concerns Weigh
Iran told OPEC on Sunday no member country should be allowed to take over another member'.s share of oil exports.
Read More »