Iran Starts Shipping Oil Via Strategic Pipeline
Iran has started sending crude oil via the Goreh-Jask pipeline that passes by the Strait of Hormuz and ends at the port city of Jask in the Gulf of Oman, Continue Reading
Rare Iranian Oil Cargo Reaches U.S. Shores
The first Iranian oil shipment in years reached the U.S. shores in March, Reuters has reported , citing data from the Energy Information Administration. The data showed that more than Continue Reading
Iran should boost oil output to 6.5 mil b/d under new govt: Zanganeh
Iran presidential election on June 18 Zanganeh planning to leave office More oil could go to domestic refined output Iran could “easily” boost its oil production capacity to 6.5 million Continue Reading
Saudi Arabia expected to raise July light crude prices for Asia -survey
General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah Top oil exporter Saudi Arabia is expected to slightly increase Continue Reading
New Iran Nuclear Deal May Completely Derail Oil Price Rally
According to senior political and economic sources who work closely with the current Iranian government exclusively spoken to by OilPrice.com last week, the U.S. has agreed to a tentative removal Continue Reading
Saudi Arabia’s Oil Exports Soar Ahead Of OPEC+ Meeting
After over a year of pandemic-driven volatility and weak oil demand, Saudi Arabia is now experiencing an oil export boom. Saudi Arabia’s oil exports increased in March by 75 percent Continue Reading
Iran Should Move Swiftly to Boost Oil Production, Minister Says
Iran’s oil minister said the country should try to increase its crude production rapidly, as world powers enter the final stages of negotiations to revive a 2015 nuclear accord with Continue Reading
Iran to Sign Deals With Local Firms to Study Azadegan Oil Field
Iranian oil technicians work in the Azadegan oil field. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. National Iranian Oil Co. will Continue Reading
Iraq Expands Port Infrastructure To Raise Fuel Trade
Iraq plans to complete this year the construction of a new oil pier in its key fuel export and import facility in order to raise trade in refined oil products Continue Reading
Baghdad-Erbil security cooperation raises hope for counter-insurgency fight
The Iraqi federal government and the semi-autonomous Kurdistan Regional Government (KRG) have established three joint coordination centers in an effort to improve cooperation between their respective security forces and close Continue Reading