Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.
Read More »Iran May Plan Fiscal Budget on $55 Crude
Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »Putin Is Calling The Shots in Global Oil
Russia is the producer everyone is watching ahead of the OPEC meeting.
Read More »Oil Falls on Uncertainty over OPEC Deal. Rise in U.S. Inventories
The market had been looking forward to a supportive number due to the pipeline disruption from Canada.
Read More »Russia. Saudi Arabia Clash Ahead of OPEC Meeting
Saudis want production cuts extended through 2018. while Moscow wants flexibility.
Read More »Putin Could be about to Send the Oil Markets into a Tailspin
Oil markets are already showing jitters over the OPEC meeting this week.
Read More »Russia Slams US. EU Sanctions on Oil Exporting Nations
Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
Read More »OPEC. Russia have Showdown over US Shale Drilling Ahead of Meeting
Saudi Arabia and Russia have been the drivers of the production agreement.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Oil Price Drop Imminent If Moscow Says “No“ To Extension
Reports emerged last week that Russia is considering a delay on the decision to extend the cut.
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