oil producers


  • 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. 

  • oil 2019-08-29 04:00

    Iran, largest producer of gasoline in region, among OPEC member states

    With the daily production capacity of 115 million liters of gasoline per day, Islamic Republic of Iran is the largest producer of gasoline in the region and also among Organization of Petroleum Exporting Countries’ (OPEC) member states.

  • Iran-India 2018-08-19 22:02

    Other oil producers may find it hard to offset any cut in Iran’s oil exports

    Recent statements of President Donald Trump suggest that the U.S. may impose tough sanctions on oil exports from Iran.