Tag Archives: Iran

Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.

China and India as two major importers of Iran'.s oil do not care about the US oil sanctions.

Dana Gas’ net share of production in the KRI averaged 26.100 boepd of production during the first half of 2018.

According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.

Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.

Total Iranian oil and gas exports reached 2.2 million barrels of crude and 330.000 of condensates a day in June.

The country’s 57 petrochemical complexes produced over 13.2 million tons between March 21 and June 21.

OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.

Trump’s order to OPEC members to increase production destabilizes the market.

Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.