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Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Iran to Let Private Sector to Export Oil to Help Beat U.S. Sanctions
Iranian crude will be offered on the bourse and the private sector can export it.
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »Natural Gas. Iran`s Leverage to Hold International Influence
Iran is currently producing roughly 830 mcm d of natural gas of which 45 mcm d is exported to Iraq and Turkey.
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »Iran Asks OPEC Members to Abstain from Unilateral Actions
Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »Oil Min: Decision on Iran Imports to be Based on India’s Interests
The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.
Read More »India OMCs. OVL’s Farzad-B to take hit
The sanctions are to be operational in November sans any exemptions.
Read More »Oil may Surpass $90pb if Iran`s Crude Exports Disrupt
US President Donald Trump sustained attempt to disrupt Iran’s oil exports would push crude prices above $90 per barrel.
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