The World Bank forecast that metals prices are expected to rise 9 per cent in 2018 on the back of a pickup in demand and supply constraints.
Read More »Trump threat to Ditch Iran Deal Is Scaring off Oil Traders
Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
Read More »Oil Hits $75 a barrel as Trump Labels Iran Nuclear Deal `Insane`
A rise in geopolitical tensions has been the main driver of prices in recent times.
Read More »IEA: Demand for Oil in World to Increase by 2023
IEA expects an increase in shale oil production and exports to Europe and Asia in the long term.
Read More »Rise in Iran`s Caspian Oil Reserves
Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.
Read More »Oil Market in the Process of Being Balanced
OPEC and non-OPEC producers are restraining production by a total 1.8 million barrels per day to prop up prices under a deal that is to expire at the end of 2018.
Read More »Faleh: Global Market could Absorb Higher Oil Price
Oil has rebounded to over $70 a barrel. after prices crashed to as low as $26 in January 2016.
Read More »Academic Finds Discrepancy in Trump`s Go at OPEC
Trump'.s verbal attack on OPEC is hardly justified.
Read More »Russia Eyes an Exit. while Saudi Arabia Set to Maintain Global Past
OPEC and its allies achieved a historic 149 per cent compliance in March.
Read More »