Oil Price

international energy experts Chris Cook and Mahmood Khaghani

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.

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.

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.

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.

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.

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.

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.