Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The Average of Iranian crude oil prices from the beginning of 2019 has been $63.15.
Read More »Iranian Oil Prices Increase in July as OPEC Production Falls
Saudi Aramco`s Share in the World`s Fastest Growing Oil Market
Russian exports to India jumped fivefold to 3 million tons in the year ending March 2018.
Read More »Oil Spikes after Easing U.S.-China Trade Tensions
The U.S.-China trade war has caused energy demand growth to take a big hit.
Read More »Economic Woes Hold Sway Over Geopolitics
While geopolitical tensions in the Middle East Gulf remain high. with US sanctions recently extended to more Iranian officials and a Chinese oil importer. as well as another tanker seizure.
Read More »Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
OPEC can no longer ignore Russia because of its importance as an oil exporter and its economy.
Read More »Oil Demand Growth at Decade Low
Despite a further cut in oil demand growth by the IEA. oil prices are trading marginally higher.
Read More »Libya Restarts Production at El Sharara Oil Field
The field produces about 290.000 barrels per day (bbl d). accounting for a quarter of Libya’s oil production.
Read More »IEA Cuts Oil Demand Growth Forecasts
OPEC and its allies have agreed to cut production by 1.2 million b d through to the end of the first quarter of 2020.
Read More »Saudis are Discussing Options with Producers to Halt Oil`s Slide
Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.
Read More »Saudis are Discussing Options with Producers to Halt Oil`s Slide
Saudi Arabia. the world’s largest oil exporter. has already cut production more than required.
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