Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Vitol has now revised down its oil demand growth forecast for next year to 1.3 million bpd.
Read More »Oil Traders Expect Lower Prices
US Shale Oil not Able to Replace Traditional Oil
Unlike traditional oil. shale oil is more capital-intensive.
Read More »Iran Seeks European Assurances as U.S. Oil Sanctions Loom
Washington will reapply far-reaching sanctions on Iran’s petroleum and banking sectors starting on Monday.
Read More »Russia will Help Iran Trade Oil
The Russian energy ministry told the FT that the trade would continue next week.
Read More »Chinese Oil Imports from U.S. Surge amid Declining Oil Purchase from Iran
Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).
Read More »Crude Oil Is Doing Something It hasn`t Done in Years
Fears of a global economic slowdown could be behind the rare move.
Read More »US agrees to grant India waiver from Iran sanctions
The US has broadly agreed to grant India a waiver from Iran sanctions after the Indian side decided to cut oil imports from Tehran by about a third in 2018-19.
Read More »Iran Sells First 280.000 Barrels of Crude on Exchange
The energy exchange. last used four years ago amid UN sanctions. was revived earlier this month.
Read More »ASEAN Energy Ministers Renew Push to Go Green
IRENA will provide technical support to Asean for green energy planning and technology.
Read More »Can Arab Countries Compensate Iran`s Oil for India?
If New Delhi drops its oil imports from Tehran to zero. it will need to import more from other partners.
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