Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
EIA reported Wednesday that crude supplies fell by 2.2 million barrels for the week ended May 4.
Read More »Fall in U.S. Crude Supplies for the First Time in 3 Weeks
US Exit from Iran Deal may Affect Korea`s Oil Imports
Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
Read More »U.S. Stocks Jump 1 Percent Led by Tech Gains. Oil Prices Rise
The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.
Read More »Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
Read More »NASA Completes Full-Power Tests of Small. Portable Nuclear Reactor
It could generate power for distant. long-term space travel.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Oil Steady on Iran Sanction Worries. Surging U.S. Supplies
U.S. crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.
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