Positive signs in the Sino-U.S. trade front eased concerns over the potential negative impact on oil demand from the world’s two biggest oil importers.
Read More »OPEC+ Pact will be ‘Easy’ to Extend beyond June
Iran is exempt from oil-output cuts following Trump’s decision to re-impose sanctions on the country last year.
Read More »Venezuela Oil Exports Stable In March
The blackouts suspended operations at Venezuela’s largest oil export terminal.
Read More »Amano Reaffirms Iran`s Compliance with Nuclear Deal
IAEA inspectors have full access to all locations required to verify the deal'.s implementation.
Read More »Oil Prices Approaches $70 amid OPEC Supply Cuts
Venezuela'.s state-run energy company. PDVSA. kept oil exports near 1 million barrels per day in March despite US sanctions.
Read More »US Appreciates India`s Efforts to Cut Oil Imports from Venezuela
The US. along with 50 other countries recognized Guaido as the legitimate President.
Read More »U.S. Drillers Focus More on Cash Flows
Now prices are higher than they were in January.
Read More »Iraq Needs Electricity Imports from Iran for 3 years
Iraq is the biggest importer of electricity from Iran.
Read More »Iran’s Oil Exports Drop Ahead of US Waivers Decision
Japanese refiners are unlikely to continue buying Iranian crude from April onwards.
Read More »US may Renew Waivers to Five of Iran`s Importers
Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
Read More »