Tag Archives: Iran

The prospective phase is envisaged to produce 12 million liters of Euro-5 gasoline and diesel.

Total signed a contract in 2017 to develop phase 11 of the field with an initial investment of $1 billion.

Analysts had expected that Iran would not agree to any specific production boost.

Iran'.s name on the IMO white list is an indication of the country'.s special place in maritime industry.

Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar.

U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.

China. the United Arab Emirates. Iraq. Afghanistan and India are the main destinations of Iran'.s non-oil exports.

The EU has vowed to fight to preserve the Iran nuclear deal after the US withdrawal in May.

OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.

For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.