Oil

  • Iran denies reports Russia is to help with sale of oil

    Iran denies reports Russia is to help with sale of oil

    Nov 01, 2018 02:12

    Iran’s oil minister denied reports that Russia would help Tehran to circumvent the upcoming US sanctions by reselling Iranian crude oil.

  • Iran’s oil sales still strong ahead of sanctions

    Iran’s oil sales still strong ahead of sanctions

    Oct 31, 2018 02:19

    Market figures show that Iran’s oil sales are still powerful only a few days before the US wages a second wave of sanctions that would target the country’s oil exports.

  • Iran’s major oil buyers set to defy US sanctions

    Iran’s major oil buyers set to defy US sanctions

    Oct 30, 2018 02:48

    As the administration of US President Donald Trump is preparing to impose sanctions against Iran’s oil exports within the next few days, indications are already appearing that certain countries are preparing to defy Washington’s pressures to halt purchases of Iranian oil.

  • No replacement for Iran’s oil: Jahangiri

    No replacement for Iran’s oil: Jahangiri

    Oct 29, 2018 02:21

    Iranian First Vice-President Eshaq Jahangiri dismissed as lies the US administration’s claims that the Islamic Republic’s crude exports would be reduced to zero by November and that Saudi Arabia is able to replace the lost share of Iran in global oil markets.

  • Iran starts selling oil through its Energy Bourse

    Iran starts selling oil through its Energy Bourse

    Oct 28, 2018 12:26

    Iran has started direct sales of oil to domestic and international buyers through its energy bourse in what appears to be a landmark strategy to dodge the impacts of returning sanctions.

  • Rosneft CEO: Cutting ties with Iran to hurt Europe

    Rosneft CEO: Cutting ties with Iran to hurt Europe

    Oct 26, 2018 02:23

    Chief Executive Officer of Russia's largest oil producer Rosneft says the decision by some European companies to cut their ties with Iran under US pressure could end up hurting Europe’s economy.

  • Turkey's Tupras in talks with US for Iran sanctions waiver: Sources

    Turkey's Tupras in talks with US for Iran sanctions waiver: Sources

    Oct 19, 2018 05:32

    Turkey’s top refiner, Tupras, is in talks with US officials to obtain a waiver allowing it to keep buying Iranian oil after Washington reinstates sanctions on Tehran’s energy sector in November, industry sources said.

  • Iran: Trump ‘hooliganism’ will not lower oil prices

    Iran: Trump ‘hooliganism’ will not lower oil prices

    Oct 16, 2018 09:06

    Iran’s Oil Minister Bijan Zanganeh says there is no spare capacity left for oil producers to pump more, dismissing US President Donald Trump’s pressure on OPEC to ramp up output to bring down prices.

  • BP says Iran oil bans to trigger extreme price volatility

    BP says Iran oil bans to trigger extreme price volatility

    Oct 11, 2018 02:11

    As the US is preparing to restore sanctions against Iran’s oil exports within weeks, concerns are already rising among corporate leaders that oil prices could rise to unprecedented highs.

  • ‘India to continue buying Iranian oil despite possible US sanctions’

    ‘India to continue buying Iranian oil despite possible US sanctions’

    Oct 09, 2018 09:35

    Indian companies will continue buying Iranian crude oil in November even despite the possible US objections and sanctions, Indian Petroleum and Natural Gas Minister Dharmendra Pradhan said.