Omani airline SalamAir. in a ceremony participated by Iranian Ambassador to Muscat Mohammadreza Nouri Shahroudi. celebrated the launch of its new flight route connecting Tehran to the capital city of the Arab country.
Read More »Oil could Still Drop to $30 per Barrel
OPEC is close to reaching an agreement to extend the production cut deal beyond June.
Read More »Russia Warns of $40 Oil Even as It Holds Out on OPEC Deal
Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.
Read More »The 2020 Oil Market is Quickly Turning Ugly
Oil bulls thought 2020 would be their year.
Read More »The Bearish Threat Within OPEC
After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
Read More »South Korea Warns of Prolonged Downside Risk to Economic Growth
South Korea said its economic growth faces prolonged downside risks as uncertainty surrounding external conditions grow more than expected.
Read More »China’s Demand For Gas Almost Infinite
Last year. the buzz term in the natural gas world was the alarmist cry of stranded assets.
Read More »Iran. Turkey can Resolve Regional. World of Islam Issues Together
Iran and Turkey can play a greater role in combatting terrorism and development of regional stability and security.
Read More »Iran`s Non-Oil Trade Surplus with African States Hits $40m
Imports stood at 2.119 tons worth $1.46 million. down 21.04% and 64% in tonnage and value respectively YOY.
Read More »China Calls in Foreign Tech Firms After Huawei Sales Ban
China summoned global technology companies for talks last week following last month’s U.S. ban on selling technology to China’s Huawei Technologies Co Ltd. two people familiar with the matter told Reuters on Sunday. The blacklisting of Huawei. the world.
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