Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.
Read More »OPEC Extends Oil Output Cut by Nine Months
Asian markets Pause after Oil Rally
Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.
Read More »Extending Oil Cuts. Adding Small Producers Enough to Drain Stocks
OPEC has been urging other producers to join the supply pact.
Read More »EIA: US Oil Inventories fall
US crude imports rose 577.000 bpd last week. while exports rose 400.000 bpd.
Read More »Gazprom to Adjust Gas Extraction Plan in 2017 Due to Demand Growth in EU
The extraction capacities of Gazprom will allow to cover all the additional demand this year.
Read More »Saudi Arabia: We Could Live with $40 Oil in 2020
Saudi Arabia still loses sleep over the price of oil. Not for much longer.
Read More »Brent Crude Oil to Rise
Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »Ukraine Interested in Boosting Energy Ties with Iran
A strategic plan for cooperation of Tehran and Kiev in energy and exchange of goods has been provided.
Read More »Caspian Pipeline to Boost Oil Exports
The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.
Read More »Brent Oil Price Exceeds $52 bbl
OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.
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