Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC welcomes the reappointment of Alexander Novak as Russia’s Energy Minister as part of the new government.
Read More »OPEC Welcomes Reappointment of Russia’s Energy Minister. Eyes Stronger Cooperation
Oil Could Fall $3 as China’s Deadly Virus Spreads
The outbreak of a deadly coronavirus that’s spread from China to the world is likely to impact oil markets globally.
Read More »Next OPEC+ Meeting Scheduled for March
Barkindo said none of the participants had asked for the time of the meeting to be changed.
Read More »Iran Now 1st Catalyst Exporter in OPEC
Vice Chairman of Association of Catalyst Producers of Iran announced on Tuesday that Iran is now the first catalyst exporter among OPEC members.
Read More »Higher Non-OPEC Output will Keep Prices Honest
Oil prices remained fairly range-bound in 2019 despite geopolitical shocks and OPEC output cuts.
Read More »Middle East Share of India’s Oil Imports Falls to 4-Year-Low
India is working to diversify its oil supply sources to cut dependence on the Middle East.
Read More »OPEC. Partners to Extend Production Cut Deal to End of 2020
Crude oil output from OPEC would dip to 29.6 million barrels per day in 2020.
Read More »OPEC Sees Growing Supply Threat From Rivals Beyond U.S. Shale
OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.
Read More »Geopolitical Tensions won`t Lead to Oil Market Shock
The oil market has been driven in recent years by a surge of non-OPEC production that has outstripped demand.
Read More »IEA Sees well Supplied Oil Market despite Slower US Supply Growth
Saudi Arabia cut crude production to 9.68 million b d from 9.88 million b d in November.
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