Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Barkindo said consultations are under way for the extension of OPEC output cut deal beyond March 30. 2018.
Read More »OPEC. Others May Take Some Extraordinary Measures in 2018 to Rebalance Oil Market
Iran Will Have to Take Bigger Share of OPEC Cuts
The reductions will be on the same terms as those agreed in November.
Read More »Is This the Geopolitical Shift of the Century?
The geopolitical reality in the Middle East is changing dramatically.
Read More »Putin: Extending OPEC Deal Until End of 2018 is `Possible`
OPEC ministers attending the Moscow event said they were considering extending the deal or making a deeper cut.
Read More »Who Is Winning the Market Share War In China?
The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.
Read More »Venezuela Has Plan B to Sell Its Oil If U.S. Imposes Sanctions
PDVSA owes some US$3.5 billion to the U.S. in the next five or six weeks. according to Platts.
Read More »Next Week Could Be a Turning Point for The OPEC Output Deal
Bilateral meetings will also be held on the sidelines of the event.
Read More »Saudis Pay the Price for OPEC Leadership
The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.
Read More »Libya Is Preparing to Ramp Up Oil Production
Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.
Read More »Iran Pledges to Sustain Oil Exports Despite Trump`s Threat
Iran also plans to introduce its new heavy crude grade from the West Karoun oil field as soon as six months from now.
Read More »