Tag Archives: SHANA

All Iran Sedimentary Basins Located, Prioritized by NIOC

A senior official with the National Iranian Oil Company (NIOC) underlined the importance of studying and modeling sedimentary basins to ensure exploration in the coming years, adding the exploration department of NIOC had already located and prioritized all sedimentary basins in Iran.

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How Us WTI Crude Fell Below Zero

The impact of the fall in crude oil prices by more than $55 on Monday, April 20, on the East Asian market was about $3 as WTI is not used as a benchmark for pricing Iranian crude oil.

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