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oil demand Archives - Iran News Daily
Oil Exploration Slowing as Prices Dive 05 Oct 2020

Oil Exploration Slowing as Prices Dive

The coronavirus pandemic that has slammed oil demand and prices is forcing energy majors to tighten their belts on exploration.

Zanganeh: with unclear demand, predicting oil prices is hard 26 May 2020

Zanganeh: with unclear demand, predicting oil prices is hard

Iran’s oil minister, Bijan Zanganeh said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian state radio reported.

Oil low on demand, warning situation 16 Apr 2020

Oil low on demand, warning situation

Oil languished at multi-year lows on Thursday, with WTI crude remaining around $20 a barrel as dire warnings about a virus-triggered demand shock overshadowed a deal to cut output.