Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
Read More »China Is Likely to See a V-Shaped Recovery. PBOC Deputy Says
China’s economy is likely to pick up quickly after the coronavirus is contained and stage a V-shaped recovery. according to a senior official with the nation’s central bank.
Read More »UAE’s Latest Natural Gas Discovery Is a Game Changer
Currently. the majority of the UAE’s income is derived from oil exports.
Read More »Rosneft Shifts Exports to Affiliate. Skirting U.S. Sanctions on Venezuela
Moscow has been a crucial supporter of the Maduro regime over the years.
Read More »Iran`s Main Stock Market Keeps Rising despite Rial Fall
The total value in the main Iranian stock exchange has reached all-time highs thanks to a boom in trade.
Read More »Oil Short-Selling Triples Since the Start of 2020
Hedge funds are bracing for more trouble in the oil market. even after crude rebounded for a second week on hopes the coronavirus outbreak’s threat to economic growth is waning.
Read More »Saudi Arabia`s Jafurah Project to Make the Country a Gas Exporter
Saudi Aramco has already completed a number of gas processing projects.
Read More »Iran’s Non-Oil Economic Growth to Continue
A downward trend in the inflation rate in Iran and the improvement in the country’s non-oil economic growth will continue in the next Iranian year (starts on March 20). a deputy governor of the Central Bank of Iran said.
Read More »Big Fuel Haul Seized in Southwest of Iran
Iran’s Maritime Guards managed to discover and confiscate some 40.000 liters of smuggled diesel fuel in Bandar Mahshahr. a port in the Southwestern province of Khuzestan.
Read More »Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.
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