Tag Archives: Market

Russian Foreign Minister Sergei Lavrov said that the Eurasian Economic Union (EAEU) will further strengthen its ties with Iran in the future.

The former Iranian Secretary General of the Gas Exporting Countries Forum stressed the need to halt unilateral transnational sanctions against some GECF members.

OPEC’s own outlook reflected a surplus of around 70.000 barrels per day (bpd) next year.

Oil production in the US has continued to expand and now stands at a record level of 12.9 million barrels a day.

The Russians have a grievance about the pact that they are likely to take up with their OPEC allies.

China shocked the market in June 2018 by announcing that it would not issue approvals for any new solar power installations in 2018 and would also cut subsidies.

There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.

The key mathematics of US shale oil growth have become more challenging. partly because of the rapid growth achieved in 2018.

The United States has gone to war with the right of nations to develop in recent years with a kind of monopoly-seeking and imposition of sanctions and is trying to prevent nations’ development via economic terrorism.

Iran is after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale.