oil market


  • Trump 2019-06-24 22:58

    Trump calls Persian Gulf ‘dangerous’, questions U.S. presence in waterway after standoff with Iran

    TEHRAN – U.S. President Donald Trump in a tweet on Monday seemed to be questioning his country’s military presence in the Persian Gulf, only days after Iran shot down a $200 million U.S. drone that ventured into its territory.

  • oil market 2019-06-23 18:42

    By Ebrahim Fallahi

    Oil market shrugs off as tensions rise in Persian Gulf region

    Despite what was expected, the oil market doesn’t seem to be moved drastically by the recent turbulences in the Persian Gulf region as Iran shot down a high-technology U.S. surveillance drone when it trespassed its borders in the politically sensitive Strait of Hormuz.

  • oil market 2019-06-16 20:56

    By Ebrahim Fallahi

    Oil market should expect oversupply in 2020, IEA says

    TEHRAN – In its latest monthly oil market report called “2020 vision”, the International Energy Agency (IEA) said the “relentless” growth in U.S. production is going to significantly disrupt the supply and demand balance in the global oil market.

  • Saudi-US 2019-04-24 09:49

    Would Saudis play the U.S. puppet in Iran sanctions scenario?

    The U.S. announced on Monday that the country is not going to extend the sanctions waivers which were granted to some of Iran’s oil customers in November 2018.

  • Barclays 2019-04-23 21:45

    British bank warns about impact of ending Iran sanction waivers

    TEHRAN – The British investment bank Barclays said the U.S. decision on ending the waivers on Iran oil sanctions will tighten crude markets significantly in the short term, Reuters reported.

  • 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.

  • Zanganeh 2018-11-28 20:36

    Some countries trying to harm Iran by manipulating oil market: Zanganeh

    Some countries are trying to harm Iran by manipulating the oil market, Iranian Oil Minister Bijan Zanganeh said on Wednesday, according to Mehr news agency.

  • sadria 2018-11-04 20:31

    By Negar Asadi

    Khashoggi’s murder questions anti-Iran approach of Trump: scholar

    TEHRAN - Modjtaba Sadria, a prominent scholar, says that murder of Saudi journalist Jamal Khashoggi questions the Trump administration’s tough approach towards Iran.

  • Zanganeh-IPEC 2018-10-16 17:46

    U.S. bullying won’t resolve supply shortage in oil market: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said U.S. cannot balance a market which is suffering from short supply by words and bullying, ILNA reported.

  • Bijan Namdar Zanganeh 2018-10-04 09:33

    ‘Only way to rebalance oil market is stopping sanctions on Iran’

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the only way to rebalance the oil market is to stop the sanctions on Iran.

  • محمود خاقانی 2018-05-06 12:27

    By Mahmood Khaghani

    From Nuclear to NewClear?

    During the recent 4th Gas Production Sustainability Congress hosted by National Iranian Gas Company (NIGC) here in Tehran, Deputy Petroleum Minister and Managing Director of NIGC suggested the time is now right for a new policy of “Self Reliance” - (or perhaps a better translation is 'Resilience') for the energy industry.

  • Iran, Venezuela 2017-09-16 09:17

    Iran, Venezuela support any measure to stabilize oil market: Zanganeh

    TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh said Iran and Venezuela will support any necessary measure for stabilizing oil market, Shana reported.

  • OPEC, Trump, and the oil market future 2017-01-27 19:52

    Haniyeh Sadat Jafariyeh

    OPEC, Trump, and the oil market future

    Will America First Energy Plan pay off?

    Shortly after Trump’s presidential inauguration, he announced that his administration will embrace the shale oil and gas revolution to bring jobs and prosperity to millions of Americans and will make a shift to border-adjusted corporate tax (BTA).

  • zamaninia 2017-01-25 19:10

    Iranian oil official sees U.S. partnership potential under Trump

    A senior Iranian oil official sees “a great potential for engagement and partnership in Iran for American companies” under U.S. President Donald Trump.

  • Zanganeh 2016-12-05 09:15

    Iran, Brazil explore avenues for cooperation in oil, gas industry

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Saturday Iran and Brazil should expand their relations in oil and gas industry.

  • OPEC 2016-11-26 17:50

    Zanganeh optimistic about OPEC deal

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Saturday that it is possible for OPEC members to reach an agreement to stabilize the oil market.

  • Iran-Indonesia 2016-11-26 08:42

    Iran, Indonesia call for mutual oil, gas, petchem co-op

    TEHRAN – Iran and Indonesia are willing to expand mutual cooperation in various fields especially oil, gas and petrochemicals, IRNA quoted Iranian Communications and Information Technology Minister Mahmoud Vaezi as saying.

  • oil tanker 2016-11-07 08:42

    S.Korea’s Oil imports from Iran more than double through Sept.

    South Korea's imports of oil from Iran more than doubled in the first nine months of this year from a year earlier after international sanctions on the Middle East country were lifted in January, industry data showed on Sunday.

  • Iran oil.313.jpg 2016-11-07 08:41

    SOCAR reveals volumes of gas export to Iran

    Azerbaijan’s state oil company SOCAR swapped 167.3 million cubic meters of gas with Iran in January-September 2016, said Rahman Gurbanov, SOCAR vice president for oil and gas transportation and gas facilities, in his interview published by Natural Gas World Nov. 2.

  • 02-MH1.Rouhani.340.jpg 2016-10-23 20:47

    Rouhani: Iran backs efforts aimed at stabilizing oil market

    TEHRAN – President Hassan Rouhani has underlined Iran’s support for any effort in line with restoring stability to the global oil market.

  • َنس.jpg 2016-10-19 09:06

    By Haniyeh Sadat Jafariyeh

    Oil market: From high hopes to high prices

    Although reaching a consensus among members of Organization of the Petroleum Exporting Countries used to seem surprising majorly due to the row between Iran and Saudi Arabia over output freeze, for the first time in eight years members of the organization agreed in the Algiers meeting on September 28 to cut output to 32.5-33 million barrels per day (bpd) from the current level of around 33.24 million bpd.

  • Iran-Qatar.170.jpg 2016-10-17 18:11

    Iran oil minister: hopes soon to reach Qatar's gas production

    Iran hopes by early next year to boost its natural gas production to Qatar's level, Iranian oil minister Bijan Zanganeh told an energy conference on Monday.

  • EF1.jpg 2016-10-15 08:44

    Iran’s oil production rises 21,400 bpd in Sept.: OPEC

    TEHRAN – Based on the Organization of the Petroleum Exporting Countries (OPEC)’s Monthly Oil Market Report for October 2016, Iran’s September oil production rose 21,400 barrels per day (bpd) compared to the previous month to reach 3.665 million bpd.

  • Iran-oil-640.jpg 2016-10-04 18:11

    Iran oil exports hit pre-sanctions high on run-up in condensate shipments

    Iran's total crude oil and condensate sales likely reached around 2.8 million barrels per day in September, two sources with knowledge of the matter said, nearly matching a 2011 peak in shipments before sanctions were imposed on the OPEC producer.

  • President Rouhani meets Venezuelan counterpart 2016-09-17 17:06

    Fair oil prices meet consumer, producer interests: Rouhani

    TEHRAN – Iranian President Hassan Rouhani has said that stable oil market and fair prices meet the interests of both oil producers and consumers.

  • EF2.JPG 2016-09-06 19:33

    Iran supports any decision by oil producers to stabilize market: Zanganeh

    TEHRAN – Iran’s Oil Minister Bijan Namdar Zanganeh said on Tuesday that Iran will support any decision that oil producers take for stabilizing the oil market, Shana reported.

  • Khark Irland 2016-09-04 18:56

    Iran’s crude price up $1 in a week

    TEHRAN – Iran’s light crude oil price increased by $1 per barrel in the week ended on August 26, Shana news agency reported on Saturday.

  • نفت 2016/05/15

    By: Haniyeh Sadat Jafariyeh

    Iran’s crude oil contracts: term or spot?

    Iran stepped out of the international financial embargo against OPEC's No.3 oil producer under the implementation of its nuclear deal with P5+1 in January, while the stringent sanctions had cut Iranian crude exports from a peak of 2.6 million barrels per day (bpd) before 2011 to just over 1.1 million bpd in recent years. Iran was primarily faced with constraints on its oil exports since its customers had concluded deals with other countries, buyers were cautious about boosting trade immediately because of banking and ship insurance difficulties, and the country’s crude shipment, particularly to Europe, was intricate by a lack of clarity on ship insurance, dollar clearance and European banks’ letters of credit.

  • زنگنه 2016-05-08 09:09

    No obstacle to regain oil market share: Zanganeh 

    TEHRAN - There is no obstacle to Iran regaining its lost share of the oil market after the lifting of international sanctions, Oil Minister Bijan Namdar Zanganeh said on the sidelines of the 21st International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2016) in Tehran on Saturday.