Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.
Read More »Chinese Demand will Boost Oil Prices
US Pressures Makes Oil Market Fragile
OPEC and its allies meet in June to decide whether to continue withholding supply.
Read More »Oil Market will Balance by Year-End
The UAE can raise production to 3.5 million barrels per day. only if needed.
Read More »Libyan Civil War Threatens Oil Supply
The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.
Read More »Iran surprises US. observers with spike in oil exports
Iranian exports of crude oil and condensate have surged to levels near before sanctions. surprising market observers and affording the country an important victory in a US economic war on Tehran.
Read More »Gulf Firms Confront New Era of Low Oil Prices with Merger Wave
Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.
Read More »Saudi Arabia to Ditch Dollar if Washington Passes NOPEC Bill
At the current price of USD 70 per barrel. the annual value of global oil output is USD 2.5 trillion.
Read More »Amano Reaffirms Iran`s Compliance with Nuclear Deal
IAEA inspectors have full access to all locations required to verify the deal'.s implementation.
Read More »Oil Prices Approaches $70 amid OPEC Supply Cuts
Venezuela'.s state-run energy company. PDVSA. kept oil exports near 1 million barrels per day in March despite US sanctions.
Read More »World`s Biggest Oil Field is Fading Faster than Anyone Guessed
Ghawar in Saudi Arabia is the world'.s largest conventional oil field.
Read More »