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Bin Salman returns from Kuwait empty-handed
Oct 02, 2018 09:39Saudi Arabia’s Crown Prince Mohammed bin Salman who had traveled to Kuwait to demand increase in oil exports upon Trump's order returned home without any achievement.
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Iran to seal oil deal with EU before US bans return
Sep 30, 2018 14:19Iran says it is working on an agreement to sell oil to Europe in face of returning US sanctions that ban purchases of oil from the country.
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Trump behind oil price rally: Oil Minister
Sep 26, 2018 10:05Iran’s Minister of Petroleum Bijan Zangeneh says President Donald Trump is behind the current oil price spike, dismissing the US president’s attack on OPEC in his controversial address to the UN on Tuesday.
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Iran says its missing barrels cannot be compensated
Sep 24, 2018 14:44Iran says no country can ever compensate for its missing oil supplies to markets in case the US materializes its threat to bring the Islamic Republic’s oil exports to zero with a top official saying that US President Donald Trump would sooner or later have a change of heart over his campaign to the same effect.
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US zero exports target impossible in tight market: Iran
Sep 15, 2018 01:19A senior Iranian oil official says the United States will fail to drive Iranian oil exports down to zero as the market is already tight and rival producers are not able to make up the shortfall.
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Iran’s oil revenues up 60% year-on-year
Sep 11, 2018 01:36The latest official figures show that Iran’s oil revenues over a period of four months starting March 21, 2018 saw a whopping rise compared to the same period last year.
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Saudi Arabia will not boost oil export this month, official says
Jul 20, 2018 01:45Saudi Arabia's governor to the Organization of the Petroleum Exporting Countries (OPEC) says the kingdom’s oil export will be little changed this month, dealing a setback to US President Donald Trump who had pinned hopes on Saudis to reduce oil prices in global markets.
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Trade tariff war with US pushing Chinese oil buyers to Iran
Jul 17, 2018 01:11Indications are growing that Chinese companies are scrapping plans to purchase oil from the United States and are instead turning to Iran for imports in what appears to be a result of escalating trade tariff war between Beijing and Washington.
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US budges in Iran oil sanctions drive, says waivers possible
Jul 17, 2018 00:48The United States has made a surprise revelation that could suggest its campaign to bring down Iran’s oil exports to zero is based on ‘miscalculations’ – as Iran had earlier warned.
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Oil prices keep rising as US sanctions on Iran loom
Jul 04, 2018 10:43Looming sanctions on Iran coupled with reports of tightening US fuel inventories continue to drive oil prices higher, with Brent crude futures trading over $78.10 per barrel on Wednesday.