Iran: Saudis Aren’t Replacing Our Oil Exports
The market will never buy Saudi Arabia’s claim that it has been compensating for the loss of Iran’s oil exports, Iranian Oil Minister Bijan Zanganeh said on Monday, adding that Continue Reading
Iran’s Crude Exports Plunge To 1.1 Million Bpd
Iran’s crude oil exports plunged to 1.1 million bpd in the first seven days of October, sliding further down from 1.6 million bpd in September as we are just four Continue Reading
Iran Reports 46% Drop In Condensate Exports
Iran’s condensate exports fell by 46 percent over the first six months of the Iranian year, from March to September, local news agency Isna reported , citing customs data. Quoting Continue Reading
Saudi-Russian Cooperation Marks New World Order For Oil
Global oil prices are continuing their upward trajectory amid concerns that more Iranian barrels will be removed from the market once U.S. sanctions hit the country’s energy sector Nov. 4. Continue Reading
Iranian tanker discharges oil into storage in China ahead of U.S. sanctions
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according to Refinitiv Continue Reading
Iraq repairs Ajil oilfield torched by Islamic State: minister
Iraq has finished repairing the Ajil oilfield which had been torched by Islamic State militants, Oil Minister Jabar al-Luiabi said on Tuesday, adding that the asset was now producing 7,000 Continue Reading
Qatar Petroleum CEO warns of upcoming,’very big’ LNG shortage
The head of Qatar Petroleum, Saad al-Kaabi, on Tuesday warned there would be a significant shortage of LNG on global markets sooner than expected as he reaffirmed the company’s plans Continue Reading
U.S. grants BP, Serica license to run Iran-owned North Sea field
The United States has granted BP and Serica Energy a new license to run a North Sea gas field partly owned by Iran in a rare exemption by U.S. President Continue Reading
Analysis: Iran’s oil exports slip but ‘ghost’ shipments start to surface
Iranian oil exports dropped to a new low in September ahead of looming US sanctions, but some shipments not visible through vessel-tracking data are thought to be taking place. VLCCs Continue Reading
$100 Oil Can Change the Saudi Sovereign Wealth Fund Paradigm
Crystal ball predictions of US$ 100 per barrel of crude oil have returned for the first time in four years as the U.S. sanctions Iran’s exports. U.S. President Donald J. Continue Reading