The giant South Azadegan oilfield that is shared with Iraq. will be the first field to be tendered.
Read More »Price of Iran’s Heavy Crude Keeps Rising
Iranian heavy crude also increased by 29 cents in price to be traded at 53.05 cents.
Read More »Oil Prices Slip 1 Percent
The oil market remains focused on the global rebalancing act.
Read More »Zanganeh: OPEC Decided to Manage Crude Oil Market
OPEC is determined to reduce its production to help manage the market.
Read More »Oil Prices Over $55 Per Barrel Harmful for OPEC
An increase in oil prices to more than $55 (£44) per barrel was not in the interest of OPEC.
Read More »Iran to Sell Russia 100.000 Barrels of Oil Per Day
Russia will be cooperating with an OPEC decision last November to cut production levels and will be reducing its oil output by 300.000 bpd.
Read More »Iran Expects Oil Market Changes as Tillerson US Secretary
The Minister intimated to OPEC to “be extremely careful about future market changes.
Read More »Oil Near Multi-Week Highs
Barkindo expects global inventories to fall. which would boost prices.
Read More »Iran. Iraq Ink MoU to Export Kirkuk Oil
The two sides have agreed to cooperate on the policies of the Organization of the Petroleum Exporting Countries (OPEC).
Read More »Oil Minister Signs Energy Agreements in Iraq
The first agreement entails the joint development of Parviz Oilfield. which adjoins Iraq'.s Naft Khaneh field and Khorramshahr Oilfield.
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