Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The global inventories particularly in the U.S. inventories are high and are still rising.
Read More »OPEC+ Job Isn’t Done as Oil Inventory Rising
Saudi Arabia will Boost India Crude Shipment amid Iran Crisis
India is Iran’s second largest oil customer after China.
Read More »Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Oil Stocks still Building. but OPEC will Act If Needed
OPEC will not decide on output until late June when the group is due to meet.
Read More »OPEC+ Should Keep Oil Cuts. Even with Supply Risks Ahead
OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »Iran Stock Exchange Sells Oil at Base Price of $67.27
Supply of oil in the stock market is in the frameworks of the Resistance Economy. outlined by the Supreme Leader.
Read More »U.S. LNG Exporters Hard Time due to Trade War with China
U.S. shipments of LNG to China hit a record in 2017.
Read More »Too Early to Assess Impact of U.S. Iran Sanctions on Market
The OPEC+ alliance feels that it’s still too early to assess how the end of the U.S. waivers for Iranian buyers will impact the oil market as of this month.
Read More »Pakistan. One of the World’s Fastest Growing LNG Markets
Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
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