Higher crude oil and gasoline stocks in the United States weighed on prices on Friday.
Read More »Iran’s Oil Output Increases Slightly
OPEC oil output also decreased by 220.900 b/d to 33.085 in December month-to-month.
Read More »Oil Minister: Era of Expensive Oil Has Come
The oil price in the beginning of 2016 plunged to below $30. but currently it is around $55.
Read More »SPAC Supplies Iran’s ESBR Domestic Use
Oil price plays a key role in the income and profit of the project.
Read More »Moody’s Predicts Volatile Energy Prices
Global oil and natural gas prices are expected to remain volatile again in 2017.
Read More »Tehran to Hold 1st IPC Tender in January
The new IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »Oil. Gas Revenues to Help Develop Railways
A 10-percent share of the country’s diesel sales income. around $7.5 billion. will be earmarked for the railways sector
Read More »Price of Iran`s Crude Oil at $52.16 In a Week
The country’s heavy oil price was reported $38.96 on average since the beginning of 2016 until December 23.
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