U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »India Create Network with Asia`s Oil Buyers
India will work to create a network with other major oil buyers in Asia to negotiate better terms with sellers.
Read More »Iran Oil Price Nears $70
The average price of Iranian light crude oil has been $65.39 a barrel. and the average of the Iranian heavy crude oil has been $63.88.
Read More »Another OPEC Member Suffering from Sharp Decline
While plunging output in Venezuela captures the oil world’s attention. problems are quietly festering in another OPEC nation.
Read More »Oil Prices Decrease. but Concerns Persist over Iran Supplies
Surging U.S. production. which rose to 10.59 million bpd last week. has encouraged record-high U.S. exports.
Read More »OPEC. Non-OPEC Oil Ministers to Meet on June 23
Ministers from OPEC and non-OPEC oil-producing countries plan to meet in Vienna on June 23.
Read More »Oil Prices Rise on Iran Sanctions Worries
Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.
Read More »World Bank: Oil. Natural Gas. Coal Price will See 20% Rise in 2018
The World Bank forecast that metals prices are expected to rise 9 per cent in 2018 on the back of a pickup in demand and supply constraints.
Read More »Trump threat to Ditch Iran Deal Is Scaring off Oil Traders
Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.
Read More »India Create Network with Asia`s Oil Buyers
All the four major Asian economies should come together and India will try to create a network for that within the four countries.
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