Tag Archives: Saudi Arabia

. 60% of oil consignments go to Asia and the rest to oil terminals in Europe.

In January. Iran was the third biggest oil supplier to India after Saudi Arabia and Iraq.

Iran'.s crude oil production rose by 50.200 barrels per day in January over the previous month. reaching 3.75 million bpd.

Most of the sources of dust storms are in neighboring Iraq. Saudi Arabia and Syria.

Iran used to sell 800.000 bpd to European refiners in Italy. Spain. Greece. Romania. France. the Netherlands and Poland in the pre-sanctions period

Given the growing demand for Iranian heavy crude. its price per barrel increased by 77 cents to be traded at 52.70 cents.

Iran’s crude oil and condensate exports rose three percent month-on-month in January.

we have no problem to continue talks with Saudi Arabia on further coordination at the OPEC level

.OPEC’s agreement lasts for six months. with the goal of shrinking bloated oil inventories that are keeping a lid on prices

.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November