Iran holds 38% of the petrochemical market in the Middle East.
Read More »Iran Obligated to Supply Cut Deal
Iran was the only country allowed to slightly boost output.
Read More »Iraq Plans to Triple Gas Liquids Exports from Southern Oilfields
Gas condensate exports are set to rise to 400.000 cubic metres this year. from 200.000 cubic metres in 2016.
Read More »3 Factors Posing Threats to Higher Crude Prices
Three factors could pose major threats to the anticipated upsurge in global oil prices in 2017.
Read More »Iran`s Energy Exchange Ready for Domestic. Overseas Oil Sales
IRENEX has the necessary infrastructure to handle crude oil transactions.
Read More »OPEC. Non-OPEC Producers Meet to Discuss Compliance with Oil Cut Deal
Kuwait chairs the five-member committee which also includes Algeria. Venezuela. Russia and Oman.
Read More »Oil Prices Raised
Higher crude oil and gasoline stocks in the United States weighed on prices on Friday.
Read More »China Postpone Plan to Launch Shanghai Crude Futures
Asia is becoming the world'.s biggest oil consuming region.
Read More »Rising Demand for Oil Require $25 trillion investment
Renewable energy will gain a market share over the long term but it would not be dominant.
Read More »40 Foreign Carmakers Open Sale Branches in Iran
Imported cars shared only 5 percent of Iran’s total car market in the period.
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