Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
Tanker Battles Fail to Move Oil Prices
Shipping insurance has climbed following multiple rounds of seizures and tanker attacks earlier this year.
Read More »Oil Rises despite Persian Gulf Tension
West Texas Intermediate futures rose one per cent to $56.32 a barrel on the New York Mercantile Exchange. Brent crude.
Read More »Oil Markets Wary of Impending Non-OPEC Supply Glut
It is always hard to predict the future and a lot will depend on how the global economy will perform.
Read More »Oil Price Volatility is Hurting Russia`s Economy
Russia has budgeted much lower prices than the current ones for 2019.
Read More »Iran Is Content with Current Oil Price but more Export is Needed
Iran is content with the current oil price but the country under US sanctions wants to boost oil exports.
Read More »Saudi Arabia. India’s Oil Ministers Discuss to Help Stabilize Oil Prices
High oil prices have been a pervasive concern for India.
Read More »Rystad Energy Previews OPEC Meeting
OPEC+ account for nearly 49 million of the 84 million bpd of global crude.
Read More »OPEC should Raise Oil Output
Iraq’s government is expected to launch a tender to develop the field this year.
Read More »Fossil Fuel Consumption Subsidies Bounced Back Strongly in 2018
Higher average oil prices in 2018 pushed up the value of global fossil fuel consumption subsidies back up toward levels last seen in 2014. underscoring the incomplete nature of the pricing reforms undertaken in recent years.
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