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May 18, 2024
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May 18, 2024
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Oil Price
Iran elaborates on $40B MoU with Russia's Gazprom
Sunday, 24 July 2022 12:18
Tehran (IP) - The CEO of the National Iranian Oil Company explained the strategic relations between Iran and Russia, aiming to develop the oil fields of the two countries.
World Newspapers: Oil sinks below $100 as demand weakens
Wednesday, 06 July 2022 21:22
Growth outlook worsens as central banks strive to combat high inflation.
Oil could top $300-400 if Japan's price cap idea implemented: Fmr. Russian pres.
Tuesday, 05 July 2022 20:54
Russia's former president said on Tuesday a reported proposal from Japan to cap the price of Russian oil at around half its current level would lead to significantly less oil on the market and could push prices above $300-$400 a barrel.
Russia cuts off gas supplies to France
Friday, 17 June 2022 20:32
Russian energy giant Gazprom has cut off the natural gas supply to France for more than a month, according to France's gas operator.
EU move to phase out Russian oil 'self-destructive': Russia
Thursday, 02 June 2022 16:15
Moscow has warned that the European Union's decision to phase out Russian oil partially is a "self-destructive" move that would destabilize global energy markets.
Iran's income from oil sales increases by 60%
Sunday, 29 May 2022 20:24
Tehran (IP) - An official in the Iranian oil ministry said the receipt of hard currency earnings of oil sales in the first two months of the current Iranian calendar year which began on March 21 saw a 60% year-on-year growth.
Iran seeks oil-wheat barter with Latin American countries: Oil minister
Thursday, 19 May 2022 12:13
Tehran (IP) - The Iranian Oil minister said Iran had signed agreements with several Latin American countries to develop their petro-infrastructure and barter oil services for agricultural products of the Latin American countries.
OPEC+ decides to keep oil prices high
Friday, 06 May 2022 21:31
IP- OPEC+’s decision to gradually increase oil output based on the previously reached agreements will help keep oil prices high, said experts interviewed by Izvestia. The group’s member states plan to raise oil production by 432,000 barrels per day in June 2022. Experts believe that the move will benefit Russia as it does not impose impossible obligations on the country in terms of production increase.
Americans pay for fuel shortages in Europe as prices skyrocket
Friday, 06 May 2022 17:24
Americans are paying the high fuel prices as the prices skyrocketed because the United States ships more refined products abroad to supply European markets.
Iran can double oil exports from Khark island: Official
Thursday, 05 May 2022 16:49
Tehran (IP) - The CEO of the National Iranian Oil Company says Iran has the potential to double the crude oil exports from Khark island in the southern part of the country.
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