By Salman Parviz

Prospects of normalization grim in Libya

Common understanding among foreign actors needed

TEHRAN_ Analysts say that Libya is one of the most important crisis to watch for in 2020 because of the involvement of Russia and Turkey. More importantly, the plight of the Libyans after almost 10 years of civil war cannot be ignored.

By Payman Yazdani

Geopolitical expert talks of US plan to grab Saudi oil share from global market

TEHRAN– Anthony Cartalucci says it surely is no coincidence the US is targeting virtually every major energy producer from Iran, Venezuela, and Russia, but also including its own "allies" such as Saudi Arabia.

By: Ebrahim Fallahi

Optimism growing among oil traders on signs of a tightening market

In the last two weeks, a variety of boosting factors have come together to push the oil prices up to their highest in near six months.

By Payman Yazdani

Iran is able to export 1 million bdp of oil despite U.S. sanctions: expert

TEHRAN - Refereeing to withdrawal of Qatar from OPEC, Omid Shukri says Iran will be able to export 1 million barrels of oil despite Washington's effort to cut Iran's export to zero.

Iran’s crude oil price up $4.22 in a week

TEHRAN- Iranian light crude witnessed a $4.22 rise per barrel (pb) in the week ended on December 9 to reach $50.82, Shana reported on Sunday.

By: Ebrahim Fallahi

OPEC deal: Iran turns the tables on Saudis

After months of talks and rounds of meetings, the Organization of the Petroleum Exporting Countries (OPEC) finally sealed a deal on November 30 for a production cut, marking a turning point in the organization’s history.

Iran tells OPEC it raised supply by most since sanctions

Iran, which has said it’s exempt from OPEC’s accord to cut production, told the group it raised output by the most since international sanctions were lifted. Iraq, unwilling to curb its supplies, reported a higher level than OPEC’s estimates.

Oil production in Iran rises 22,300 bpd in August: OPEC

TEHRAN – Based on the Organization of the Petroleum Exporting Countries (OPEC)’s Monthly Oil Market Report for September 2016, Iran’s oil production rose 22,300 barrels per day (bpd) in August and stood at 3.653 million bpd; the country’s July output was reported 3.631 million bpd.