Oil prices fell Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a US-Sino thaw that had helped lift crude markets by 2% at the end of last week.
News ID: 6648 Publish Date : 2019/10/14
"Additional aggressive actions in the region are likely in the months ahead," Paul Sheldon, chief geopolitical advisor with S&P Global Platts Analytics, said in a recent note.
News ID: 6646 Publish Date : 2019/10/09
Head of the National Iranian Tanker Company (NITC) Nasrollah Sardashti announced that leakage of oil from the tanker which was hit by two explosions in the Red Sea on Friday has completely stopped, adding that the vessel will arrive in Iranian waters in 10 days.
News ID: 6643 Publish Date : 2019/10/12
The deputy head of the National Iranian Oil Company (NIOC) announced that a massive gas field has been discovered south of the country.
News ID: 6638 Publish Date : 2019/10/13
OPEC trimmed its forecast for oil demand growth for the third month in a row on Thursday, citing weaker-than-expected data in the Asia Pacific region as well as advanced economies in the Americas.
News ID: 6633 Publish Date : 2019/10/11
Oil prices jumped more than 2% on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.
News ID: 6632 Publish Date : 2019/10/11
Rates to charter oil tankers from the Persian Gulf, United Kingdom and the US Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of US sanctions on units of Chinese giant COSCO.
News ID: 6631 Publish Date : 2019/10/12
Indonesia's state-owned Pertamina intends to start supplying the Singapore and wider southeast Asia bunkers market.
News ID: 6629 Publish Date : 2019/10/11
OECD commercial oil stocks are close to record levels seen during most of 2016, and are "a big insurance policy" in case of disruptive events such as the attacks on Saudi Arabia's oil infrastructure last month, the IEA said today.
News ID: 6627 Publish Date : 2019/10/11
Venezuela is denying that it is the source of an oil spill spread across 2,000km (1,242mi) of Brazilian coastline.
News ID: 6620 Publish Date : 2019/10/11
Chinese oil imports from ship-to-ship transfers surged last month as flows from some traditional suppliers were crimped by the White House’s aggressive trade and foreign policies.
News ID: 6601 Publish Date : 2019/10/09
Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports, reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.
News ID: 6595 Publish Date : 2019/10/09
Oil prices increased on Tuesday as unrest in Iraq and Ecuador raised supply concerns, but worries about US-China trade negotiations capped the market’s gains after President Donald Trump said a quick deal was unlikely.
News ID: 6589 Publish Date : 2019/10/08
Iranian Minister of Petroleum Bijan Zangeneh said there had been talks with a number of domestic firms to develop the South Pars Oil Layer (SPOL), however no results have been obtained so far.
News ID: 6576 Publish Date : 2019/10/08
Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed in the first half of 2020.
News ID: 6575 Publish Date : 2019/10/08
S audi Aramco’s trading arm bought 70,000 tons of naphtha from Indian Oil Corp on Friday at premiums not seen since 2013 as it seeks to plug a supply gap following Sept. 14 attacks on its facilities, trade sources said on Monday.
News ID: 6566 Publish Date : 2019/10/07
Oil prices were up on Monday, buoyed by hopes of progress in US-China trade talks and supported by challenges to supply facing major exporters.
News ID: 6565 Publish Date : 2019/10/07
The diversity of petrochemicals produced in Iran is expected to be enhanced by 2025 as the country is planning to realize the sector’s second and third leaps by 2025.
News ID: 6564 Publish Date : 2019/10/06
Iranian Oil Minister Bijan Namdar Zanganeh said that his country is going to set up 2 petrochemical plants in the Northern provinces of the country near the Caspian Sea, adding that the new installations will be 100% eco-friendly and in full compliance with all environmental standards.
News ID: 6558 Publish Date : 2019/10/06
Iranian Oil Minister Bijan Namdar Zanganeh said the international energy market must be separated from politics and be shielded from outside interference.
News ID: 6554 Publish Date : 2019/10/02
