Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Global oil prices are currently under the influence of geopolitics.
Read More »Novak Plans to Discuss U.S. Withdrawal from Iran Deal with Saudi Falih
Sonatrach Focus on Petrochemicals
Algeria spent $2 billion on imports of refined products 2017.
Read More »China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China took almost a quarter of Iran’s exports in 2017.
Read More »China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China took almost a quarter of Iran’s exports in 2017.
Read More »OPEC Oil Capacity ‘Buffer’ to Offsetting Iran Sanctions
A U.S. withdrawal from the Iran nuclear accord could lead to 1 million barrels off the market.
Read More »OPEC in No Hurry to Decide if Extra Oil Needed to Offset Iran
Oil ministers from OPEC and its partners meet on June 22-23 in Vienna to review the existing agreement.
Read More »US Decision on Iran may Trump Government Math. Pinch Fuel Consumers
Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.
Read More »China Reassures Tehran on Honoring Nuclear Deal. Buying Iranian Oil
China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.
Read More »Saudi Arabia. Other Producers to Ensure Market Stability amid Iran Sanctions
The US decision sent oil futures surging Wednesday as traders digested the likely consequences.
Read More »Oil Biggest Weekly Rise in a month as Iran Sanctions Loom
Saudi Arabia is ready to offset any supply shortage but it will not act alone to fill the gap.
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