All posts tagged "Oil"
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China’s Iran oil imports to rebound in December as buyers use U.S. waivers
China’s Iranian oil imports are set to rebound in December after two state-owned refiners in the world’s largest oil importer began using the nation’s waiver...
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Iran vows to close key strait if US cuts off oil exports
Iranian President Hassan Rouhani on Tuesday repeated his threat to close the Strait of Hormuz, the passageway for nearly a third of all oil traded...
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Iran will break US sanctions and continue to sell its oil – President Rouhani
Iran will continue to export its oil and will “break” the sanctions reinstated by the US on Monday, the nation’s leader Hassan Rouhani said in...
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Oil could soar to $100 as Trump shuts Iran out of the market
Less than a month before another round of US sanctions against Iran take effect, analysts say hundred-dollar oil could be on the horizon. The Trump...
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Zarif says Iran to stay in nuclear deal as long as its oil sells
The landmark 2015 nuclear deal was “not a love affair but a compromise,” the Iranian foreign minister has said. Tehran will stay in the agreement...
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Iran asks Britain to COMMIT to buying its oil as Trump sanctions threaten price
Junior Foreign Minister Alistair Burt travelled to Iran for talks with Tehran as European signatories to the nuclear deal try to keep it alive. The...
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Sinopec says some refineries would be hit by a halt in Iran crude oil buying
A senior executive at Sinopec, the country’s largest refiner, said on Monday that some of its refineries will be negatively affected if it stops importing...
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China shifts to Iranian tankers to keep oil flowing amid US sanctions: Report
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker for nearly all of their imports to...
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China rejects US demand to reduce Iran oil imports: report
China has rejected a demand by the United States to cut Iranian oil imports, according to Bloomberg news agency, which cited two officials familiar with...
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Iran threatens to blockade oil route from the Persian Gulf in response to US sanctions
Iran may block oil tankers from using the Strait of Hormuz in response to possible US sanctions over the country’s nuclear programme. US President Donald...
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If US gets its way with Iran, oil could spike to $120, says Bank of America
The U.S. is demanding zero purchases of Iranian oil by November, and if that were possible, oil could spike above $120 per barrel, given global...
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Turkey Refuses to Meet US Calls to Curb Oil Trade With Iran
An exchange of jabs between Washington and Iran’s trade partners over the critically soured US-Iran relations seems to show no signs of stopping, with even...
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Iran: Oil prices could jump to $140 on US sanctions
Oil prices could jump to $140 a barrel due to the US sanctions against Iran and Venezuela, Iran’s OPEC governor Hossein Kazempour Ardebili told Reuters...
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India plans to nearly double oil imports from Iran: Sources
Indian government owned refiners plan to almost double oil imports from Iran in 2018-19, drawn by incentives offered by Tehran, sources with knowledge of the matter said, potentially helping...
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Russia considers $50B investment in Iranian oil & gas
Russian energy companies could spend as much as US$50 billion on oil and gas exploration in Iran, a presidential aide told media. Yuri Ushakov said companies including...
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UAE’s Enoc pays Iran $4 billion in oil dues
Iran has said it had received more than $4bn from Emirates National Oil Company (ENOC), as part of the UAE retailer’s settlement of its debts...
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Iran plans to raise crude oil production capacity by 3 million bpd
Iran plans to lift its crude oil production capacity by 3 million bpd, Iranian oil ministry’s news service, Shana, reported on Monday, quoting a senior...
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Iran says $55 oil price suitable, sees supply cut extension
Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non-OPEC producers are likely to extend output curbs...
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OPEC deal backfires: Saudis lose market share to Iran, Iraq
Since the start of OPEC’s production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher...
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Largest Polish oil company en route to Tehran
A delegation, comprising senior officials of Poland’s largest oil company, is scheduled to visit Tehran in coming days aiming to ink a contract for developmental...
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European countries join INSTEX exchange to preserve Iran nuclear deal
Six major European countries announced on Friday that they would join a special trade exchange designed to alleviate the impact of the US sanctions on Iran. Belgium, Denmark, Finland,...
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China, Iran to forge closer ties due to common threat from United States, analysts say
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French minister criticises US over ‘unanswered’ Iran attacks
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Islam has the best argument in support of human rights: Judiciary chief
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UN adopts eight resolutions in condemnation of Israeli crimes in Palestine
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Trump’s maximum pressure policy on Iran has backfired and experts say it will fail
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S. Korea’s exports of humanitarian goods to Iran effectively halted after U.S. sanctions
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