Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Many G20 members have a stake in the outcome of the meeting because the row has disrupted global supply chains.
Read More »US-Iran Tension to Overshadow G20 Summit in Japan
Analysts Predict Oil Could Skyrocket to +$100-Per-Barrel If Iran-US War Breaks out
A full-fledged war between the US and Iran would immediately affect global crude prices. as the recent escalation of tensions in the Middle East has already shown. as the only question now is how high could crude go.
Read More »Rystad Energy Previews OPEC Meeting
OPEC+ account for nearly 49 million of the 84 million bpd of global crude.
Read More »Tanker Attacks Hits Oil-Import Dependent Asia
Japan is the world’s fourth-largest consumer of oil — after the US. China and India.
Read More »Goldman Sees Hard Path to OPEC Extension for Russia. Saudis
Stockpiles are currently at the highest level since mid-2017. according to Energy Information Administration data.
Read More »OPEC Close To Extending Output Cut Deal
OPEC is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the end of June.
Read More »U.S. Gulf Coast Oil Imports Hit 33-Year Low
The U.S. Gulf Coast saw its crude oil imports in March at their lowest level since 1986.
Read More »Iran Has No Intention of Withdrawing From OPEC
Iran has no plans to leave OPEC.
Read More »Saudis Raise Oil Prices to Asia as Demand Spikes
Emboldened by strong prompt demand amid tighter oil supply due to the U.S. sanctions on Venezuela and Iran.
Read More »OPEC Oil Output Set For Drop Despite Saudi Production Boost
OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May.
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