Iran was also treated preferentially in the original negotiations.
Read More »What Happens If Trump Trashes the Iran Nuclear Deal?
Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.
Read More »Top BP Executive Warns OPEC Needs to Prolong Oil Output Curbs
The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.
Read More »Iran`s Light Crude Hits $54
Iran Heavy. one of the country'.s main export grades. settled at $51.60 a barrel. up 91 cents from the previous week.
Read More »Oil Min: Iran Will Not Accept New Crude Cuts
Tehran has envisioned $130 billion in investment to develop its oil and natural gas fields.
Read More »KRG Independence Referendum Won`t Impact Iraqi Oil Production
The KRG in recent weeks has resolved a series of its disputes with oil and gas firms ahead of next week’s vote.
Read More »Sub-$50 Oil Could Kill Shale
There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.
Read More »Russia Becomes World Top Oil Producer for 7th Consecutive Month
The last time Moscow surpassed Riyadh in crude production was in December 2016 when Russia extracted 10.49 million against 10.465 by Saudi Arabia.
Read More »China`s Oil Demand Is Growing at More Than Double Last Year`s Pace
China may indeed join the ranks of countries banning fossil fuel vehicles.
Read More »Why Aramco Delayed Its IPO?
Without MBS as captain of the Vision 2030. there will be no Vision 2030.
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