More than 183,000 tons of hydrocarbon products valued at 10 trillion rials ($74.34 million) were traded in the Iran Energy Exchange spot market in the last Persian month to June 20.
News ID: 4902 Publish Date : 2019/06/25
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
News ID: 4899 Publish Date : 2019/06/25
International cooperation on crude production has helped stabilize oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said Monday.
News ID: 4898 Publish Date : 2019/06/25
Russia is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing due to the new US sanctions.
News ID: 4883 Publish Date : 2019/06/23
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC members to export, data from analytics firm Vortexa showed.
News ID: 4882 Publish Date : 2019/06/23
Me-Metals: - In the third month of 1398 (From 20 March 2019 - 21 June 2019), which was decorated by the Supreme Leader of the Revolution, "The Production Boom", for the first time, by the production of a combination of various baskets and according to the customer's order, consisting of steel sheets in construction types, alloys and sheets used in oil and gas pipelines along with the empathy and synergy of all the company's employees, the production record of 79908 tons of slab equivalent to 73820 tons of products took place in June in this year.
News ID: 4864 Publish Date : 2019/06/23
The global oil market is “unstable and fragile”. Oil Minister Bijan Namdar Zanganeh told his Russian counterpart Alexander Novak in a meeting in Tehran on Monday, Shana, the Oil Ministry's news portal, reported.
News ID: 4843 Publish Date : 2019/06/19
Oil tankers ablaze in the Gulf of Oman and the US pointing the finger at Iran should be enough to send the price of the world’s most vital commodity skyrocketing.
News ID: 4842 Publish Date : 2019/06/19
Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on extending its agreement to cut oil output.
News ID: 4841 Publish Date : 2019/06/18
The government has no plans to remove Oil Minister Bijan Namdar Zanganeh from his post, the government spokesman said on Monday.
News ID: 4840 Publish Date : 2019/06/18
Oil prices slipped on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears that were stoked by attacks on oil tankers in the Gulf of Oman last week and sent prices higher.
News ID: 4839 Publish Date : 2019/06/18
The Iranian Parliament’s Research Center (IPRC) released a new plan on how to deflate the US economic pressures by cutting off dependence on oil revenues as a counter-strategy against the US sanctions on Iranian crude supplies.
News ID: 4790 Publish Date : 2019/06/10
Preliminary data released by Japan’s Ministry of Finance show that the country’s crude oil imports from Iran dropped 42% month-on-month to 169,100 barrels per day in April.
News ID: 4783 Publish Date : 2019/06/09
Russia’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because of contamination.
News ID: 4782 Publish Date : 2019/06/09
Afire broke that broke out at a petroleum storing facility in Shahid Rajaee port in southern Hormozgan Province on Wednesday has been extinguished.
News ID: 4781 Publish Date : 2019/06/09
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.
News ID: 4780 Publish Date : 2019/06/09
Preliminary data released by Japan’s Ministry of Finance show that the country’s crude oil imports from Iran dropped 42% month-on-month to 169,100 barrels per day in April.
News ID: 4740 Publish Date : 2019/06/03
Russia’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because of contamination.
News ID: 4739 Publish Date : 2019/06/03
Iran is due to offer a large cargo of condensate to domestic buyers through its energy bourse on Monday, in a direct sale to bypass the US unilateral sanctions.
News ID: 4733 Publish Date : 2019/06/02
Although refiners in Asia are not left without choice for crude after the end of the US sanction waivers for Iranian oil, the higher price of alternative supplies, as well as soaring fuel exports from China, are depressing refining margins across Asia.
News ID: 4727 Publish Date : 2019/06/02
