Iran
News
January 13, 2019
Italy’s top oil producer and Oman’s energy minister predict the latest oil rebound will stick.
News
December 19, 2018
India will use escrow accounts of five Iranian banks held with UCO Bank to deposit money for oil purchases from the Middle East producer to overcome U.S. sanctions.
News
December 09, 2018
Saudi Arabia’s energy minister emerged from days of heated OPEC talks joking that he wasn’t an easy man to be friends with.
News
December 05, 2018
Saudi Arabia, Russia and other members of the OPEC+ group recommended an oil production cut, defying a Twitter plea from President Donald Trump to keep the taps open, but their meeting didn’t agree on how big any reduction should be.
News
November 23, 2018
Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy.
News
November 11, 2018
OPEC and its allies started laying the groundwork to cut oil supply in 2019, reversing an almost year-long expansion, with Saudi Arabia reasserting its role as swing producer by announcing fewer shipments from next month.
News
November 09, 2018
It’s all eyes on OPEC as U.S. oil prices fell for 10 consecutive days, wiping out any gains for the year.
News
November 09, 2018
The U.S. secretaries of state and defense met with their Chinese counterparts for an annual strategy session in Washington on Friday, with both sides highlighting deep differences on diplomacy and security weeks before Presidents Donald Trump and Xi Jinping plan to meet at a summit in Argentina.
News
November 09, 2018
The Trump administration’s sanctions on Iran are the latest irritant in relations between Turkey and the U.S. even as the two NATO allies move past their worst diplomatic crisis in decades.
News
November 07, 2018
U.S. sanctions on Iran won’t necessarily translate into a global shortage of oil, according to Nigerian Petroleum Minister Emmanuel Ibe Kachikwu.
News
November 07, 2018
President Donald Trump said the “fragile” global oil market was a key reason his administration decided to extend waivers this week to eight countries allowing them to continue importing Iranian oil in violation of new U.S. sanctions.
News
November 06, 2018
Iraq aims to supply China with 60% more crude next year, according to the head of the state-run Oil Marketing Co.
News
November 02, 2018
Midnight on Sunday, Nov. 4 will mark a dividing line in the world of oil. Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government.
News
November 02, 2018
The U.S. has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5.
News
October 31, 2018
When it comes to buying Iranian oil, Donald Trump has laid down the law for the world: Don’t do it.
News
October 30, 2018
Higher OPEC oil production and longer voyages are propelling shipowners back to good times.
News
October 19, 2018
Asian buyers of Iranian oil are gaining confidence they will win U.S. consent for some imports to continue even after American sanctions snap back next month.
News
October 17, 2018
Iraq would like to know how and where its oil will be used, as demand rises for Middle Eastern cargoes to replace shipments from Iran.
News
October 11, 2018
U.S. President Donald Trump is redirecting global oil flows.
News
October 10, 2018
Sanctions on Iranian oil exports are hitting much harder than most people predicted as the administration of U.S. President Donald Trump takes a tough line on enforcement, said executives from the world’s largest energy traders.
News
October 08, 2018
Oil fell to the lowest in a week in London on renewed hopes the U.S. may soften the blow of sanctions on Iran’s crude exports, and as Saudi Arabia promised to fill any shortfall.
