Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Russia and Saudi Arabia are leading a deal between OPEC and non-OPEC producers to cut global oil production. with the aim of propping up oil prices.
Read More »Saudi`s Falih Calls for More Work to Cut Global Oil Inventory
Trump’s China Trip To Reap Billions In Energy Deals
The potential Sinopec investment in U.S. energy assets and creation of jobs in hurricane-hit areas will not be President Trump’s only mission on his Chinese visit.
Read More »Tensions Rise as Iraq Halts Kirkuk Oil Exports
The North Oil Company (NOC) has stopped feeding crude oil into the export pipeline.
Read More »Saudi Energy Minister Concerned about Asia`s Future Energy Security
The Organization of the Petroleum Exporting Countries meets next on Nov. 30 in Vienna.
Read More »Oil Hits Highest Since Mid-2015 as OPEC Sticks to Supply Deal
Saudi Arabia and Russia are considering extending the agreement to potentially cover all of next year.
Read More »Asian Imports of Iranian Oil Hit Highest in Six Months
Imports to Japan. which announced official figures on Tuesday. were down by more than 30 percent at a bit less than 216.000 bpd.
Read More »Oil Markets Stable on Expected Extension of Output Cuts
Confidence in the oil market is evident in the way financial traders have positioned themselves.
Read More »Brent Crude Oil Approaches $60 as Markets Tighten
Rising U.S. crude production remains an issue for OPEC as it strives to clear a global overhang.
Read More »Iran’s Oil Exports to China up 59%
Saudi Arabia’s exports were 6.68 mb d. the second-lowest for this year.
Read More »At Riyadh Jamboree. Saudis may Struggle to Lure Foreign Funds in Recession
Austerity helped push the economy into recession in the second quarter of 2017.
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