Trump’s order to OPEC members to increase production destabilizes the market.
Read More »Iran Exports 2.6mbd of Crude Oil. Gas Condensates in June
The average price of Iranian oil since the beginning of the current year has been over 66 dollars per barrel.
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 »US Sanctions have no Effect on Iran-Iraq Oil Swap
Iran started swapping oil with Iraq’s Kirkuk on June 3.
Read More »Iran to Issue Bonds for Investment in Oil Sector
In May. French oil major Total said it might pull out of its investment in Iran’s South Pars gas field if it cannot secure a waiver from the U.S. government.
Read More »Int`l Oil Consortium to Replace Foreign Contractors in Iran
Following the US action. some international companies active in Iranian oil projects said they will withdraw from Iranian projects.
Read More »Russian Companies Continue Trade with Iran
Russian companies will continue doing business in Iran as if nothing happened at all – in oil. gas and nuclear energy.
Read More »Iran`s Crude Oil above 77 Dollars a Barrel
The average price of Iranian oil since the beginning of the current year has been 67.41 dollars per barrel.
Read More »Iran Exports 2.7mbd in May
Over last year (1396) Iran exported 2.115 million barrels a day crude oil on an average basis.
Read More »Iran’s Oil Exports will Continue on Schedule
US has not played any role in Iran’s oil exports.
Read More »