Tag Archives: Oil Minister

During the first stage. Iran had sold 280.000 barrels of crude in the stock exchange in October.

The status of Iran’s oil technology is incomparable to how it was 20 years ago.

Under the Agreement. ENI and BP hold 50% each with Eni acting as operator during the exploration phase.

Market participants would be looking out for last week'.s US inventory data to provide further price direction.

Despite the U.S. sanctions. Tehran has found some new ``potential`` oil buyers.

Iraq oil minister has directed oil officials to take urgent measures to comply with the cuts.

The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.

Iran has planned to become self-sufficient in gasoline production since several years ago.

The oil market is in a better place today than it was a few years ago.

Producers are ready to renew the agreement or increase cuts in case the market does not balance.