EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.
Read More »Iran’s Oil Output Surpasses 3.8 mb/d
Iran’s oil output is 976.000 b/d more than the 2015 average.
Read More »Iran Becomes Self-Sufficient in Oil Industry Commodities
Five new South Pars phases could come on stream in late March or early April by the Iranian President.
Read More »Iran Urges IAEA to Boost Int`l Nuclear Safety Standards
IAEA should make more efforts to improve nuclear safety in the world.
Read More »Iran’s Crude Export Doubled After Lifting Sanctions: British Institute
It is no surprise that historically Iran’s national tanker line NITC is the largest provider of tonnage.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Iran Regaining OPEC’s Market Share
Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Oil Prices Slip 1 Percent
The oil market remains focused on the global rebalancing act.
Read More »(P)GCC to Pump $320b into Power Projects
The UAE. Saudi Arabia and Kuwait have emerged as the biggest solar markets in the region.
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