Total:16
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2020-06-10 12:38
By Haniyeh Sadat Jafariyeh
MBS wholly-owned subsidiary of Trump's U.S. incorporation: experts
In an interview with the Tehran Times, international energy experts Chris Cook and Mahmood Khaghani answered several questions on the current status quo of the international oil market and its major role players. The experts also discussed the current conflicts among the petrodollar earners, i.e. the U.S., Saudi Arabia and Russia, and if the golden age of oil is over.
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2020-04-29 10:33
By Salman Parviz
Oil producers dig into savings amid fiscal deficits
Crude demand stymied by lockdowns due to Covid-19 outbreak
TEHRAN- Today many of the world’s major cities remain under lockdowns while their respective government is implementing work-from-home schemes. This has dramatically reduced the number of cars on the streets and cut the demand from the transportation sector. With WTI hovering around $10 and Brent on $20 a barrel, oil-producing nations are feeling the pinch.
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2020-04-27 15:38
By Payman Yazdani & Haniyeh Sadat Jafariyeh
Oil U.S. tool to put pressure on China: energy expert
TEHRAN – Monday, April 20 (2020), was a historic day for the oil market. West Texas Intermediate (WTI) closed below zero for the first time in the history of the oil market. President Trump's policies are considered as the main cause of the sharp prices fall and how he is using the factor to put pressure on its major rival, China, however, the fire will damage both producers and consumers in the long run.
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2020-04-22 14:11
By Haniyeh Sadat Jafariyeh
Trump, coronavirus go hand in hand to make American crude valueless: energy expert
TEHRAN – Monday, April 20, 2020, was a historic day for the oil market. West Texas Intermediate (WTI) closed below zero for the first time. Mehr news conducted an interview with the Iranian president of Vienna Energy Research Group, Fereydoun Barkeshli to know why US oil is worth less than nothing under President Trump and coronavirus pandemic.
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2020-04-13 16:30
Analysts calling OPEC, allies historic deal ‘insufficient’
TEHRAN – After four days of deliberation and drama, the Organization of Petroleum Exporting Countries (OPEC) and its Russian-led allies finally managed to get Mexico to join a global pact for cutting oil production by 9.7 million barrels per day (bpd) in May and June.
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2020/04/13
By Salman Parviz
Why impact of low oil prices on Iran is ‘minimal’?
Global oil prices have been hit with double whammy by the spat between Russia and Saudi Arabia in mid-March over output cuts and the coronavirus (COVID-19) pandemic.
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2020-03-21 23:58
By: Ebrahim Fallahi
How to fund oil projects in the absence of oil money?
TEHRAN – These days, the oil market is facing an unprecedented crisis; on one hand the demand for oil has fallen drastically due to the slowdown in the global economy following the coronavirus outbreak and on the other hand the start of a price war between Saudi Arabia and Russia hit the market so hard that oil crashed to a level not seen in 29 years.
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2020-03-15 11:26
By Payman Yazdani
Reducing oil price would benefit Russia to influence U.S. oil export: energy expert
TEHRAN– Omid Shokri believes that Russia's disagreement with cuts in OPEC Plus production could be a good opportunity for Moscow to influence US oil exports.
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2019-04-29 11:13
Oil price plunges on Trump comments
The sting of the Trump administration’s decision not to re-issue waivers on Iran oil sanctions faded on Friday with crude prices dropping more than 3% following comments from the US president.
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2019-04-15 19:55
Oil market fragile due to U.S. sanctions: Zanganeh
TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. sanctions on Iran and Venezuela and the growing conflicts in Libya are disturbing the supply-demand balance in the market, making it fragile.
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2019-03-17 21:11
U.S. to blame for tensions in oil market: Zanganeh
TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has blamed U.S. for the tensions created in the oil market, Shana reported on Saturday.
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2018-12-03 21:02
Oil price estimated at $54 pb in next year’s budget bill
TEHRAN- Behrooz Nemati, the spokesman for the presiding board of the parliament, informed that preparing the budget bill for the next Iranian calendar year (starts on March 21, 2019), the government has supposedly estimated sales of 1.5 million barrels per day of oil at the price of $54 per barrel, IRIB reported.
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2018-10-13 22:42
Iran’s heavy crude oil price tops $80 in a week
TEHRAN- Iran’s heavy crude oil price jumped $2.09 in the week ended on October 5 to cross $80 per barrel.
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2018-10-05 11:52
Iran says oil price rally offsetting U.S. sanctions impact
A senior Iranian official says the recent rise in oil prices has offset the impact of U.S. sanctions on Iran’s oil exports, with the country’s oil revenues up 16 percent in the past six months.
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2018-09-26 20:14
Oil eases, but Iran sanctions keep prices near late 2014 highs
Oil prices eased on Wednesday but were still set for a fifth consecutive monthly quarter of gains, driven by an impending drop in Iranian exports in the last three months of the year when global demand heats up.
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2018-07-07 09:25
‘Trump's tweets driving oil prices up’
TEHRAN - Iran’s Representative to OPEC Hossein Kazempour Ardebili said U.S. President Donald Trump’s tweet has raised oil prices by at least $10, Shana reported.
