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No Plan to Remove Zanganeh

18 June 2019 - 22:43
The government has no plans to remove Oil Minister Bijan Namdar Zanganeh from his post, the government spokesman said on Monday.

Brent, WTI Prices Slip

18 June 2019 - 22:38
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.

Iran’s Oil-Free Economic Conduct

10 June 2019 - 19:56
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.

Japan Buying Less Iranian Oil

9 June 2019 - 23:40
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.

Russia Meets OPEC+ Target in May

9 June 2019 - 23:29
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.

Fire at Petroleum Products Warehouse Extinguished

9 June 2019 - 23:23
Afire broke that broke out at a petroleum storing facility in Shahid Rajaee port in southern Hormozgan Province on Wednesday has been extinguished.

Saudis Sure of OPEC+ Cuts Extension With Russia Coop.

9 June 2019 - 23:19
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.

Japan Buying Less Iranian Oil

3 June 2019 - 16:12
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.

Russia Meets OPEC+ Target in May

3 June 2019 - 16:09
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.

Iran to Offer 2mln Barrels of Condensate on Energy Bourse

2 June 2019 - 18:41
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.
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