Tag Archives: Persian Gulf Countries

Despite the supply adjustment. stocks have continued to rise. not just in the US. but also in Europe.

Iran’s oil output is 976.000 b/d more than the 2015 average.

India'.s oil imports from Iran rose nearly 17% in February from a month earlier.

India'.s February oil imports from Saudi Arabia and Iraq were nearly a third lower than the same month a year ago.

Saudi Arabia. nevertheless. still remains India’s top supplier

There are concerns that the glut could persist because shale supply.

Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.

According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.

Many of the questions revolved around the fact that there is so much inventory remaining.

Production of natural gas in South Pars in a shared field with Qatar will amount to 600 million cubic meters per day.