Producers are weighing further output cuts and moving a planned policy meeting to February rather than March.
Read More »2019 Oil Market Hotbeds
It is not popular for a pro-OPEC oil analyst to start analyzing the market focusing on demand side.
Read More »North Pars Gas Field Awaiting Investment
Some 120 kilometers southeast of the southern Bushehr Province. Iran owns a gas field holding more than 57 tcf of gas in place.
Read More »Iran Oil Takes Off for Mastering Technology
Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs.
Read More »Oil Poised Near Three-Month Highs on U.S.-China Trade Hopes. Supply Cuts
Oil prices are struggling to extend their gains as investors await further details regarding the U.S.-China ‘Phase One’ trade deal.
Read More »Saudis Unlikely to Push for Deeper OPEC Cuts
The 177th Meeting of the OPEC Conference is expected to be held December 5. 2019.
Read More »Large Surprise Crude Draw Lifts Oil Prices
The American Petroleum Institute (API) has estimated a large crude oil inventory draw of 5.92 million barrels for the week ending September 26.
Read More »S. Korean Co. Assisting INSIG with Installation of Machinery
CEO of Iran National Steel Industrial Group (INSIG) said that the Iranian group has resumed installation of hydrostatic pipe testing machine with the help of the South Korean Myung Jin Machinery (MJM).
Read More »Oil Prices Gain on Crude Inventories Data
Trump said he will ``take China on`` even if it causes short-term impact on the US economy.
Read More »Oil Prices Fall on Weak China Economic Data. U.S. Stocks Rise
Markets have been pummeled in recent weeks amid tough talk from Trump on trade.
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