The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
Read More »OPEC Cuts 2020 Oil Demand Forecast
The demand for OPEC crude will average 29.40 million barrels per day next year.
Read More »Russia Constructs Second Gas Pipeline to China
Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.
Read More »Ofgem Fines ENGIE Unit £2.1m Over Gas Price Manipulation by Trader
The regulator said the trader working for ENGIE Global Markets was engaged in a type of market manipulation called spoofing over a three-month period in 2016.
Read More »Iraq. Afghanistan Priorities for Taking Trade Policies
Iraq and Afghanistan are among the most important trade partners of Iran and targeting their markets stands among the priorities of Iran in making its trade decisions. Chairman of Iran Export Confederation Mohammad Lahouti said.
Read More »Top Major Producers will Consider Fresh Cuts as Trade War Hits Prices
The oil market has become highly sensitive to the US-China trade war.
Read More »China will Invest $280bn in Iranian Oil Sector
China’s investment in Iranian oil and gas industry has been put at the focal attention amid trade war between China and US.
Read More »Iran’s Non-Oil Exports Hits $3.2bn in Last Month
TCCIMA showed that country’s export of non-oil commodities in the last month of the current Iranian calendar year hit $3.2 billion. registering a 3.2 percent hike as compared to a month earlier.
Read More »US Proudly Confirms Trying to Bribe Captains of Iranian Oil Tankers After Piracy Fails
The US State Department is openly using organized crime tactics. including bribery and extortion. in an effort to bend Iran to its will after its allies refused to join a coalition to police the Persian Gulf.
Read More »Iran Rejects Claim of US Proposal for Rouhani-Trump Meeting in NY
The Trump administration has been making empty calls for talks in what Iran describes as mere political propaganda.
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