Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil market is under pressure.
Read More »Iran Sets Output Cuts Precondition for OPEC Emergency Meeting
OPEC. Russia Move Closer to an Early Meeting
The group unveiled a new set of supply curbs just over a month ago.
Read More »2019 Oil Market Hotbeds
It is not popular for a pro-OPEC oil analyst to start analyzing the market focusing on demand side.
Read More »Russia Ready to Hasten OPEC+ Meeting on Coronavirus Outbreak
OPEC wants to extend current oil output cuts until at least June from March.
Read More »Is Shale Oil Surge Shifting Global Oil Market Balance?
The surge in US crude oil production coupled with lower oil demand globally gave way to oversupply in an already bearish market.
Read More »China Virus Rattles Oil Markets
Major multinationals are closing operations in China.
Read More »OPEC Considering Moving March 5 Meeting Forward Due to Coronavirus Impact
OPEC and 10 allies agreed in December to implement 1.7 million b d of production cuts for the first three months of 2020.
Read More »Oil Mixed as Virus Fears. U.S. Stock Build Face Talk of Further OPEC Cuts
Jet fuel demand has slumped in Asia as airlines have cancelled connections.
Read More »OPEC may Meet Early as Coronavirus Impacts Oil Prices
OPEC members are considering holding an emergency meeting next month. as oil prices sink on concern the coronavirus outbreak will hit demand.
Read More »Oil Shutdown a Bullet in the Head. Says Libyan Central Bank
Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar. likening the closures to a bullet in the head.
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