The global inventories particularly in the U.S. inventories are high and are still rising.
Read More »China Hopes Iran Nuclear Deal Fully Implemented
China firmly opposes unilateral sanctions and the so-called '.long-arm jurisdiction'. imposed by the United States on Iran.
Read More »Exxon Mobil Foreign Staff Evacuation Has Nothing to Do With Threats
Exxon Mobil withdrew all of its foreign staff. which amounted to around 60 people.
Read More »China Defends Iran`s Legitimate Rights
China is willing to cooperate with Iran to confront the intervention and exit from these conditions.
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 »Exxon Mobil could Replace Russian Gas in Romanian Black Sea
Hungary is forced to import natural gas. 85 per cent of which is consumed by households.
Read More »Iraq has Alternative Plans for Any Stoppage of Iran Gas Imports
Iraq plans to build a refinery with a capacity of 150.000 bpd near the northern city of Mosul.
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.
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