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Iran

Oil-prices-petrol-pump

Oil prices fall over doubts that non-OPEC producers will cut output

10/10/2016(0)
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent ... Read More
iranian-production

What the recent OPEC deal means for oil prices

06/10/2016(0)
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. ... Read More
iran-central-bank

Iran to introduce credit cards for the first time

26/09/2016(0)
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued ... Read More
A flight test engineer holds an Airbus Group flag after the first flight of the Airbus A320neo in Colomiers near Toulouse

Iran’s $50bn deal with Airbus and Boeing

22/09/2016(0)
Airbus and Boeing have received permission from the US government to sell aircraft to Iran, part of landmark deals potentially worth some US$50 billion in total following last year’s ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

06/09/2016(0)
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate ... Read More
An oil pump is seen in Lagunillas

Oil Rally Fervor Cools as OPEC Output at Record Before Talks

05/09/2016(0)
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of ... Read More
russian oil

Russian Oil Exports Set for Record as Europe Competition Grows

04/07/2016(0)
Exports rose 4.9% in six months to 5.55 million barrels a day Iran also boosts supplied to region after sanctions lifted Russian crude exports are on track to set ... Read More
iran-oil

Iran’s Oil Comeback May Already Be Over

16/06/2016(0)
Crude output may peak in 2016 at 3.6-3.8 million barrels a day Investors facing sanctions, political risk in entering country Iran easily beat expectations with its speed in boosting ... Read More
iran-oil

Opec: No Deal Amid Saudi-Iran Stand-Off

02/06/2016(0)
Oil prices have remained flat in early Asian trading, as investors await the outcome of today’s Opec meeting in Vienna. Early this morning, Brent crude was trading at just ... Read More
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota

OPEC has turned into battleground between Saudi Arabia and Iran

30/05/2016(0)
The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran, writes Rakesh Upadhyay of Oilprice.com. ... Read More
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