Friday, 7 May , 2021
crude oil Archives - Iran News Daily
1 m barrels of iranian crude oil near Suez canal 04 Apr 2021

1 m barrels of iranian crude oil near Suez canal

According to TankerTrackers, a million barrels of Iranian crude oil is approaching the Suez Canal from the Red Sea.

Iran to Sell 2.3m bpd of Oil 09 Dec 2020
President Rouhani

Iran to Sell 2.3m bpd of Oil

Iranian President Hassan Rouhani says the country will boost the oil output and sales in the next Iranian calendar year that will start on March 21, 2021.

Oil Near $41 With OPEC+ Set to Meet on Output Hike Delay 17 Nov 2020

Oil Near $41 With OPEC+ Set to Meet on Output Hike Delay

Oil fluctuated near $41 a barrel as the dollar fell and traders weighed the potential for OPEC+ to delay a planned easing of output cuts.

Iran Not Lagging Behind in Joint Oilfields: Minister 15 Sep 2020

Iran Not Lagging Behind in Joint Oilfields: Minister

Iranian Oil Minister Bijan Namdar Zanganeh says Iran is by no means lagging behind the neighbors in this race.

Russia Becomes China’s top crude oil supplier in April 28 May 2020

Russia Becomes China’s top crude oil supplier in April

Russia overtook Saudi Arabia as China's top crude oil supplier in April, customs data showed, with imports rising 18 percent from the same month a year earlier.

Rouhani orders boosting production of oil byproducts 19 Apr 2020

Rouhani orders boosting production of oil byproducts

Iranian President Hassan Rouhani called for boosting the production of oil byproducts and minimizing exports of crude oil.

Energy geography is changing, Zanganeh says 10 Oct 2019

Energy geography is changing, Zanganeh says

TEHRAN (Iran News) – The Iranian oil minister has said that the arrival of the US in the gas and oil markets was becoming a crucial factor in changing the geography of energy in the world. According to the news service of the Oil Ministry ‘SHANA’, the Oil Minister Bijan Zanganeh was speaking to the […]

Iranian oil prices increase in July as OPEC production falls 18 Aug 2019

Iranian oil prices increase in July as OPEC production falls

As the Iranian oil ministry reported, in July, the average price of Iranian crude stood at $62.65 per barrel, increasing 2.9 percent monthly, while the OPEC countries produced 29.609 million barrels of oil in the said month, registering a daily drop of 246,000 barrels compared to the preceding month.

IRENEX to hold 3rd round of heavy crude oil offering on Tuesday 16 Jun 2019

IRENEX to hold 3rd round of heavy crude oil offering on Tuesday

National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

U.S. sanctions Iran’s metals; what’s the impact? 12 May 2019

U.S. sanctions Iran’s metals; what’s the impact?

Earlier this week, in an attempt to [as the U.S. president Trump put it] “choke off the country’s largest non-petroleum related sources of export revenue", Washington imposed new sanctions on Iran's metals and minerals sectors.