Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Trading was light after Thursday'.s heavy sell-off and ahead of the long weekend break in the United States and Britain.
Read More »Oil Price Rises but Ends Week Lower
Pouyanne: OPEC Cut Decision Gives Visibility Until At Least 2018
The decision by oil producing countries to extend production cuts agreement by nine months gives the market much needed visibility.
Read More »Russia`s Novak Can Do More for Oil after OPEC Failure
Russia maintains its oil-price outlook at $50 to $60 on average for this year.
Read More »OPEC Members Greet Rouhani Victory in Election
OPEC and non-OPEC countries agreed to extend production cuts for nine months.
Read More »Total Aims to Conclude Iran Gas Deal Before Summer
Total said earlier in February that a final decision on the deal hinged on the new U.S. administration renewing the waivers.
Read More »OPEC Deal Extension Meets Azerbaijan Interests
Extension of the agreement to cut oil production meets the interests of Azerbaijan.
Read More »Saudi Energy Minister Confident Oil Output Deal Will Work
Late last year. the 24 countries. including the OPEC and Russia. agreed to cut production by 1.8 million barrels per day in order to reduce global oil inventories.
Read More »Asian Energy Firms Sink as OPEC Output Deal Disappoints
The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »US EIA Reveals Volume of Petroleum Import from OPEC
The US imported 3.793 million barrels of oil per day from OPEC countries in January.
Read More »Iran’s Oil Output Increases
Iran’s average oil output increased by 232.000 b d and 1 b d compared to 2016 and 2015 respectively.
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