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OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.
Read More »Oil Min: OPEC doesn`t Like Oil over $60 as It Nears $70
Iranian Oil Tanker at Risk of Exploding and Sinking
The Shanghai Maritime Safety Administration said areas surrounding the Sanchi tanker were still burning.
Read More »Gas Export to Georgia via Armenia still on Agenda
Gas exports to Georgia require fulfillment of different conditions. including the consent of Armenia.
Read More »Phase 14 of S.Pars Gas Field Launch in February
The National Iranian Drilling Company has also been involved with the drilling of wells in Phase 14.
Read More »Refinery of South Pars Phases 22-24 Nearly Complete
The first gas sweetening train of the refinery will come online by late March 2018.
Read More »Trump Administration Step on JCPOA Ahead of Deadline
Trump has railed against the deal to limit Iran'.s nuclear program in exchange for loosening sanctions reached under his Democratic predecessor. Barack Obama.
Read More »Iran Unrest. High Demand Take Crude Oil near $68
Freezing weather in the United States has spurred short-term demand. especially for heating oil.
Read More »Iran Can Connect Kazakhstan to Persian Gulf
Relations between Iran and Kazakhstan should be reviewed from different aspects.
Read More »Iran Ships 777m Barrels Of Oil to Global Markets in 2017
Iran exported 2.13 million barrels per day (bpd) of crude in last year.
Read More »Iran Unrest Pushes Up Crude
The higher prices are expected to stoke U.S. shale output.
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