IEA expects Iraq to add 1.2 million bpd in 10 years to reach 6 million bpd of production in 2030.
Read More »OPEC Decision to be Made After Reviewing Oil Prices
OPEC is set to meet on June 25 in Vienna to discuss extending the agreement to cut output by 1.2 million b d beyond the end of June.
Read More »End to Iran Sanction Waivers will Tighten Oil Markets in Short Term
The U.S. move increase the risk of conflict in the Middle East.
Read More »Turkey Rejects US Sanctions on Iran`s Oil
Turkey rejects unilateral sanctions and impositions on how to conduct relations with neighbors.
Read More »US cannot Force Iran Oil Exports to Zero
The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.
Read More »Goldman: Removal of Iran Oil Sanctions Waivers to have Limited Impact
The bank still expects declining prices into 2020 due to better supplied markets next year.
Read More »Oil Prices Rise as U.S. Looks to End Iran Sanction Waivers
South Korea is a major buyer of Iranian condensate.
Read More »Iran Reduces Crude Production at Joint Oilfields to Help Protect Environment
Oilfields owned jointly by Iran and Iraq are located near the Hawizeh Wetlands.
Read More »Trump`s Dangerous Game
The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.
Read More »New Blockade of Iran Could Increase Oil Prices Across The World
Analysts criticized the end to the exemptions. which would hit Asian buyers the hardest.
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