News

US Widens Sanctions on Iran to Target Lucrative Gas Exports
The US’s campaign to impose “maximum pressure” on Iran’s economy now includes the Islamic Republic’s liquefied petroleum gas ...
US imposes sanctions on a Chinese refinery accused of buying Iranian oil
The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion ...
OilPrice.com15h
Oil Markets Are Bracing for Another External Shock
Oil markets are awaiting the next big external shock, as the U.S.-China trade war continues to rage and the prospect of a U.S ...
Oil falls on signs of progress in U.S.-Iran talks amid more market stress
Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran while investors remained ...
Crude oil futures decline on easing supply concerns
Crude oil futures traded lower on Monday morning following progress in talks between Iran and the US on nuclear deal. This ...
OilPrice.com13h
Iran Boosts Natural Gas Production at Huge South Pars Field
Iran is increasing natural gas production from Phase 11 of the South Pars field, following the activation of a new well.
UAE markets track oil prices higher
Stock exchanges in the United Arab Emirates closed higher on Friday, driven by oil prices that rose on hopes of a trade deal ...
Saudi defense minister visits Iran in highest-level trip in decades as nuclear talks proceed
Saudi Defense Minister Prince Khalid bin Salman Al Saud arrived in Tehran on Thursday, in a rare visit for a senior Saudi ...