Tag Archives: Nigeria

Shell is the largest deepwater producer among the world'.s top publicly traded oil companies.

Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.

The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.

Iran'.s crude oil production rose by 50.200 barrels per day in January over the previous month. reaching 3.75 million bpd.

.OPEC’s agreement lasts for six months. with the goal of shrinking bloated oil inventories that are keeping a lid on prices

.The price of OPEC basket of thirteen crudes stood at $53.92 a barrel on Feb.2

.The January drop in OPEC output has been offset slightly by higher supply from Libya and Nigeria

Iran is eligible and capable to absorb some $370-380 billions within the next decade.

Iran was the first and largest manufacturer of MDI in the Middle East.

Iran was the only country allowed to slightly boost output.