Oil Exports

OPEC members concerned how Iran will return to oil market: Minister

Jul 01, 2021 18:40

Oil Minister Bijan Namdar Zanganeh says that some members of the Organization of Petroleum Exporting Countries (OPEC) are concerned about how a return of Iranian supplies to the international markets would affect the prices.
Firms in Iran on stand-by to ramp up oil production

Apr 27, 2021 14:43

Largest oil producing company in Iran says it is ready to raise production to levels above its output in 2018 when the US illegally targeted the Islamic Republic’s oil industry with the most aggressive sanctions ever.
Oil extend losses into 3rd day on US stock build, pandemic fears

Apr 22, 2021 10:13

Oil prices extended their losses into a third day on Thursday as a surprise build-up in US crude inventories and a resurgence of COVID-19 cases in India and Japan fuelled fears that a recovery in global economy and fuel demand may be stalled.
Oil hits one-month highs as IEA, OPEC raise forecasts

Apr 15, 2021 10:57

Oil prices increased on Thursday to the highest level in almost a month, after rising 5% in the previous session.
Iran earned less than $20bn from crude exports in 2020: CBI chief

Jan 08, 2021 06:58

Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says the country earned less than $20 billion from crude exports in 2020 as sanctions imposed by the US continued to affect shipments.
Oil’s vaccine trade faces hurdles ahead

Dec 24, 2020 20:39

The world’s major oil forecasters – the International Energy Agency, the US Energy Information Administration and the Organization of Petroleum Exporting Countries – slowly began to factor the coronavirus into their outlooks, initially seeing its impact limited to China. But by April it was apparent that the disease was spreading rapidly elsewhere. Forecasts for 2020 oil demand were slashed and they haven’t recovered much in subsequent months as the statistic charts shows.
Trump failed to reduce Iran oil exports to zero: President Rouhani

Dec 06, 2020 17:53

President Hassan Rouhani said despite the economic war launched by the administration of US President Donald Trump against Tehran, Washington has failed in its efforts to shrink the Islamic Republic’s oil exports to zero.
Iran’s refining capacity up by 24%, second largest in OPEC: Report

Oct 11, 2020 15:42

Iran’s capacity for refining crude and other products has increased by nearly a fourth in four years to 2020 to become the second largest in the Organization of Petroleum Exporting Countries (OPEC).
Venezuela’s special envoy lauds Iran for fuel shipments

Jul 07, 2020 07:06

A special envoy of the president of Venezuela visited Tehran to express his country’s gratitude to Iran for freighting several consignments of gasoline and supporting the Latin American nation in the struggle with the US imperialism.
Hawkish Israeli PM threatens to block Iran oil shipments

Mar 08, 2019 05:46

Zionist regime's Prime Minister Benjamin Netanyahu has issued another military threat against Iran, this time saying that the regime’s navy could take action against Iranian oil shipments.