Tag Archives: Persian Gulf Countries

Data show that Iran exported about $2 billion worth of technical and engineering services between January 2016 and March 2017.

Saudi Aramco plans to supply full volumes of crude to least six buyers in Asia in May.

EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.

The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.

Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.

Revenues from oil sales are national wealth and belong to future generations.

Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.

Iran'.s crude oil edged closer to $50 a barrel at the end of last month.

Total has submitted a development proposal for the project.

. Iran is now producing 3.9 million bpd of crude oil and gas condensates.