Total said on May 16 that it would pull out of South Pars if it did not receive a waiver from the United States.
Read More »Oil Price Drops as Saudis Signal Likely Supply Boost
Asian markets mostly fell Friday after the news of Trump'.s cancellation of the summit.
Read More »Pradhan Wants Saudis to Keep Oil Prices Stable
Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
Read More »Iran`s Oil Export Drop not Expected if EU Saves Nuclear Deal
U.S. President decision to quit a multinational nuclear deal would not affect Tehran’s oil exports if the EU could salvage the pact.
Read More »India has Saudi Assurances on supply as Oil Hits $80 per barrel
OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.
Read More »Total will not Pay Penalty if It Quits Gas Project in Iran
Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.
Read More »Min: Oil Prices at $60-$65 Per Barrel is Logical
United States was trying to keep prices inflated in order to support U.S. shale oil growth.
Read More »Iran Signs Oil Contract with Pergas to Develop Keranj Field
Tehran would spare no efforts to maintain its oil production and exports at current levels.
Read More »U.S. Exit from Deal will not Impact Iran`s Oil
Trump announced a U.S. withdrawal from the 2015 nuclear deal on Tuesday and said he was preparing new sanctions against Iran.
Read More »Iran Oil Sanctions could Advance China`s `Petro-Yuan`
U.S. exit from Iran deal puts pressure on European planemakers.
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