The request to halt Japanese imports signals a tougher stance than in 2012.
Read More »US Sanctions have no Effect on Iran-Iraq Oil Swap
Iran started swapping oil with Iraq’s Kirkuk on June 3.
Read More »Oil Rose to $74.84 per Barrel as OPEC Agrees to Increase Output
OPEC and its allies have since last year been participating in a pact to cut output by 1.8 million bpd.
Read More »Iranian Oil Minister Says He Got `What I Wanted` in OPEC Output Deal
OPEC and its 10 non-OPEC partners have agreed to restore compliance with their production cuts to 100%.
Read More »Japan could End Iran Oil Loading from Oct without Exemption from U.S. Sanctions
In the wake of the last sanctions on Iran. financial institutions became very conservative.
Read More »OPEC Struggles to Ease Oil Supply Cuts
Real increase would be smaller than the nominal gain of 1 million bpd. meaning a compromise with Iran remained possible.
Read More »Iran and Iraq will Participate in Meeting of OPEC+ Monitoring Committee
The parties will discuss possible increase of oil production.
Read More »Oil Declines as Iran Signals Support for Small OPEC Supply Increase
OPEC. together with other key producers including Russia. started withholding output in 2017 to prop up prices.
Read More »Oil Min: OPEC should Stick to Its Production Limits
Zanganeh said that Iran would try to maintain its export levels in the face of US sanctions.
Read More »Iran may Accept OPEC Oil Production Increase with Conditions
The condition means no other country has the right to compensate for another country’s oil production decrease.
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