Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.
Read More »Russia. Saudi Arabia Confirm Readiness to Cooperate in OPEC+ Format
Chinese Stocks Sink 8% in Worst Rout Since 2015 Bubble Burst
A gauge of the nation’s stocks plunged almost 8%. commodity futures from iron ore to crude sank by the daily limit. and the yuan weakened past a key level against the dollar.
Read More »Coronavirus Haunts Oil Markets
China has reported 361 deaths from the virus so far.
Read More »Market Balance. a Necessity
The oil market was under pressure because of coronavirus outbreak and as a result the oil price had fallen to below $60 per barrel. adding. Efforts must be made to ensure the market balance.
Read More »OPEC+ Struggles with Oil’s Sharp Fall
The coronavirus has claimed more than 360 lives.
Read More »OPEC+ Panel Weighs Impact on Oil Demand from Virus
Iraq. OPEC’s second-biggest oil producer. supports any agreement that would stabilize the market.
Read More »Romania’s Transgaz Joins US-Led LNG Network Project in Eastern Europe
Industry sources claim that Transgaz would also like to participate in this project.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
Read More »Iran Sets Output Cuts Precondition for OPEC Emergency Meeting
Oil market is under pressure.
Read More »Iran’s Police Seized 5.300 Liters of Smuggled Fuel in NW Iran
Some 5.300 liters of smuggled fuel have been seized in Chaypareh County in West Azerbaijan. northwest province of Iran.
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