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.

  • crude oil prices 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. 

  • Daisuke Hine 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.

  • Trump 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.

  • oil 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.

  • oil price 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.

  • oil market 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.

  • Omid Shokri 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.

  • Iran oil sanctions 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.

  • Zanganeh 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.

  • Zanganeh 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.