Iran Oil Production
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What War In Middle East Means For Global Oil Markets And What It Doesn't
The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.
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Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
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Israel Bombed World's Largest Gas Field In Iran. Why It Is A Big Deal
Iran was forced to partially halt gas production at the world's largest gas field, South Pars, after an Israeli airstrike caused a fire at one of its key processing units on Saturday.
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Trump Threatens Countries Purchasing Iranian Oil With Sanctions
U.S. President Donald Trump on Thursday said all purchases of Iranian oil or petrochemicals products must stop and that any country or person buying any from the country would be immediately subject to secondary sanctions.
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US Freezes Assets Of International Network Selling Iranian Oil
The US Treasury said Wednesday it was freezing the assets of members of an international network for violating oil sanctions on Tehran by selling millions of dollars' worth of Iranian petrochemical products to East Asia.
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Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
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Saudi Arabia Reveals Extent Of Damage To Oil Plants After Drone Strike
Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore full production even as regional tensions soar.
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Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
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Iran Denies Role In Saudi Attacks; Trump says US "Locked And Loaded"
Saudi Oil Attack: US President Donald Trump said Sunday that the United States was prepared to respond to the devastating attacks on two oil installations in Saudi Arabia that halved the state oil company's production output, while Iran rejected US accusations that it was responsible.
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More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants
Saudi Arabia drone attack: Explosions and towering fireballs struck the heart of Saudi Arabia's oil empire on Saturday in an apparent wave of drone attacks claimed by Yemen's Houthi rebels. The blows knocked out more than half the kingdom's oil output for days or more and threatened to drive up already high tensions between Iran and its foes in the...
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Iran Executes Businessman Dubbed "Sultan Of Bitumen" Convicted Of Fraud
Iran executed a trader known as the "Sultan of Bitumen" on Saturday over charges of fraud and large-scale smuggling of the oil product, the judiciary's news agency Mizan online reported
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Less Than 100 Hours Before Iran Sanctions, US Tight-Lipped About India
US President Donald Trump said on Wednesday in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products for countries to "significantly" reduce their purchase of crude oil from Iran, which is going face US sanctions from November 5.
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India In Touch With EU Over Alternative Payment For Iran Oil Imports
As the US sanctions on import of Iranian crude oil loom large, India is engaged with the European Union for an alternative channel for making payments to Tehran for buying petroleum products, sources said Wednesday.
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Iranian Oil Minister Calls Donald Trump's Order To OPEC Insulting
Iran's oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of U.S. pressure.
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Iran Says US Plan To End Its Oil Exports A "Fantasy"
A plan by the United States to cut Iran's oil production to zero is a "fantasy," Iranian President Hassan Rouhani said Tuesday during his European tour to rally support for the 2015 nuclear deal.
-
What War In Middle East Means For Global Oil Markets And What It Doesn't
The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.
-
Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
-
Israel Bombed World's Largest Gas Field In Iran. Why It Is A Big Deal
Iran was forced to partially halt gas production at the world's largest gas field, South Pars, after an Israeli airstrike caused a fire at one of its key processing units on Saturday.
-
Trump Threatens Countries Purchasing Iranian Oil With Sanctions
U.S. President Donald Trump on Thursday said all purchases of Iranian oil or petrochemicals products must stop and that any country or person buying any from the country would be immediately subject to secondary sanctions.
-
US Freezes Assets Of International Network Selling Iranian Oil
The US Treasury said Wednesday it was freezing the assets of members of an international network for violating oil sanctions on Tehran by selling millions of dollars' worth of Iranian petrochemical products to East Asia.
-
Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
-
Saudi Arabia Reveals Extent Of Damage To Oil Plants After Drone Strike
Saudi Arabia on Friday revealed extensive damage to key oil facilities following weekend aerial strikes that were blamed on Iran, but vowed to quickly restore full production even as regional tensions soar.
-
Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
-
Iran Denies Role In Saudi Attacks; Trump says US "Locked And Loaded"
Saudi Oil Attack: US President Donald Trump said Sunday that the United States was prepared to respond to the devastating attacks on two oil installations in Saudi Arabia that halved the state oil company's production output, while Iran rejected US accusations that it was responsible.
-
More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants
Saudi Arabia drone attack: Explosions and towering fireballs struck the heart of Saudi Arabia's oil empire on Saturday in an apparent wave of drone attacks claimed by Yemen's Houthi rebels. The blows knocked out more than half the kingdom's oil output for days or more and threatened to drive up already high tensions between Iran and its foes in the...
-
Iran Executes Businessman Dubbed "Sultan Of Bitumen" Convicted Of Fraud
Iran executed a trader known as the "Sultan of Bitumen" on Saturday over charges of fraud and large-scale smuggling of the oil product, the judiciary's news agency Mizan online reported
-
Less Than 100 Hours Before Iran Sanctions, US Tight-Lipped About India
US President Donald Trump said on Wednesday in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products for countries to "significantly" reduce their purchase of crude oil from Iran, which is going face US sanctions from November 5.
-
India In Touch With EU Over Alternative Payment For Iran Oil Imports
As the US sanctions on import of Iranian crude oil loom large, India is engaged with the European Union for an alternative channel for making payments to Tehran for buying petroleum products, sources said Wednesday.
-
Iranian Oil Minister Calls Donald Trump's Order To OPEC Insulting
Iran's oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of U.S. pressure.
-
Iran Says US Plan To End Its Oil Exports A "Fantasy"
A plan by the United States to cut Iran's oil production to zero is a "fantasy," Iranian President Hassan Rouhani said Tuesday during his European tour to rally support for the 2015 nuclear deal.
