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Oil Price

Iranpress: Katyusha rocket hits oil facilities in Iraq

Katyusha rocket hits oil facilities in Iraq's Basra

Wednesday, 19 June 2019 07:44

Unknown attackers fired a Katyusha rocket at an oil hub housing international oil companies in the southern Iraqi port city of Basra, wounding three Iraqis.

Iranpress: OPEC chief visit Iran to show support for Tehran against US sanctions: Analysis

OPEC chief visit Iran to show support for Tehran against US sanctions: Analysis

Saturday, 04 May 2019 17:35

OPEC Secretary-General travels to Tehran while US sanctions waivers were set to expire show another support for Iran against US sanctions.

Iranpress: Turkey says cannot replace Iranian oil

Turkey says cannot replace Iranian oil

Friday, 03 May 2019 12:12

Turkey will be unable to replace oil imports from Iran after the US ended waivers, the Turkish Foreign Minister said on Thursday.

Iranpress: Iran Oil Minister warns OPEC on threats against Tehran

Iran Oil Minister warns OPEC on threats against Tehran's interest

Friday, 03 May 2019 08:04

Iranian Oil Minister said that Iran is a member of OPEC because of its interests and if other members of OPEC seek to threaten Iran or endanger its interests, Iran will not remain silent.

Iranpress: Iran won

Iran won't let US sanctions bring oil exports to zero: Dutch Ambassador

Wednesday, 01 May 2019 17:09

The ambassador of the Netherlands in Iran has said the strength of the Tehran oil exhibition and the determination of the oil minister shows that Tehran will not allow US sanctions to bring Iran's oil exports to zero.

Iranpress: $100-a-barrel oil shock will hit US recovery

$100-a-barrel oil shock will hit US recovery

Monday, 29 April 2019 07:03

An oil price shock sparked by Donald Trump could propel crude to $100 per barrel and derail a recovery in global economic growth next year, economists have warned.

Iranpress: Saudi, UAE overstate their oil capacities: Iran oil minister

Saudi, UAE overstate their oil capacities: Iran oil minister

Friday, 26 April 2019 11:34

Iranian Oil Minister said Saudi Arabia and the United Arab Emirates overstate their oil capacities, as they claim having no problem replacing the medium and heavy sour crude grades that Iran currently supplies.

Iranpress: Sanctions on Iranian oil bring US drivers pain at the pump

Sanctions on Iranian oil bring US drivers pain at the pump

Wednesday, 24 April 2019 10:18

American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher.

Iranpress: Three importers cut Iran oil shipments to zero: US Official claims

Three importers cut Iran oil shipments to zero: US Official claims

Wednesday, 03 April 2019 09:54

Three of eight importers granted waivers by Washington to buy oil from Iran have now cut their shipments to zero, a US official claimed, adding that improved global oil market conditions would help reduce Iranian crude exports further.

Iranpress: Iran

Iran's oil exports in 2019 rise despite sanctions

Wednesday, 20 February 2019 10:44

In the first 2 months of 2019, Iran's oil shipment reached averaging 1.25 million barrels per day, higher than oil market expected due to US imposed sanction on Tehran.

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