Tag Archives: Market

OPEC officials have repeatedly said the group does not target a specific oil price.

India'.s imports more than tripled to 554.600 bpd. topping China'.s for the first time since November.

Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.

The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.

An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.

Iran is pressing ahead with plans to reform its petrochemical industry.

Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.

Iran exported 24 million barrels of gas condensates to the European and Asian countries in January.

The oil market remains focused on the global rebalancing act.

Total plans to sign a contract if Iran respects an international nuclear treaty and if the US sticks to it.