Oil Price Fundamental Weekly Forecast, Probably Due for a Correction
Oil prices are ripe for a correction in coming weeks if speculator-driven rallies are not backed by stronger fuel demand soon.
Oil moves higher on Brexit deal
Oil prices moved higher on Thursday as news that Britain and the European Union had signed a post-Brexit trade deal, as well as a draw in U.S. inventory, sparked optimism.
Oil drops on surprise U.S. stock build
Brent crude futures fell 71 cents, or 1.4%, to $49.37 a barrel at 0646 GMT. U.S. West Texas Intermediate (WTI) crude futures slid 67 cents, or 1.4%, to $46.35 a barrel. Both contracts fell nearly 2% on Tuesday, already a second straight session of declines.
Oil Jumps to Highest Since February
Oil Jumps to Highest Since February Amid Stimulus Optimism.
OPEC+ considers delay output hike, but faces a U.S. shale industry
TEHRAN (Iran News) – Oil-producing group OPEC+, and its allies, will likely delay an output hike at its meeting this week as it weighs positive vaccine news against new coronavirus lockdowns and resurgent shale drilling in the U.S. The coalition known as OPEC+, which comprises some of the world’s largest crude producers, will begin a […]
Oil climbs higher, hopes of OPEC+
The group, also known as OPEC+, has been cutting production by about 7.7 million barrels per day, with a compliance rate seen at 101% in October, and had planned to increase output by 2 million bpd from January.
OPEC chief says rising infections may delay oil recovery
OPEC’s secretary general said on Monday an oil market recovery may take longer than hoped as coronavirus inflections rise around the world, and OPEC and its allies would “stay the course” in balancing the market.
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.
Oil Minister Reiterates No “Hike” in Fuel Oil Price
Oil Minister Bijan Namdar Zanganeh yesterday reiterated that the ministry refutes reports that it is to increase the price of fuel oil.
Oil Minister Dismisses FOB Pricing for Refinery Feedstocks Supply
Iran’s Oil Minister Bijan Namdar Zanganeh said the price of feedstocks supplied to refineries across the country would no longer be calculated using the free on board (FOB) system that is widely used in energy trade in the Persian Gulf region.
Daily news
- Iran, Turkey discuss pathways to $30 billion trade goal
- Sanctions and Financial Hurdles Impede Serious Steps in Trade
- Iran Faces Political and Unfair Treatment From the West
- Iran Navy successfully carries out Photo Ex operations in joint drills with Russia and China
- Iran Wins Asian Mini Football Championship
- Israeli drone targets a vehicle in southern Lebanon
- Combined Maritime Security Belt Exercise shows the authority of Iran’s Navy: Araghchi
- Iran, Uzbekistan Eye Stronger Economic, Tourism Ties With Proposed Sister City Pact
- Iranian Trade Delegation Visits Poland to Forge Sustainable Business Ties
- Navy chief: Trump’s remarks on U.S.’s power delusional
- Iran opens first infill well at South Pars gas field
- Al Taawoun, Tractor to Lock Horns in 2024-25 ACL 2
- Ex-Philippine President Duterte arrested on ICC warrant over drug killings
- Legal Afghan migrants in Iran face no restrictions: Iran’s U.N. envoy
- Tehran reiterates: No letter received from U.S. president
Long Reads

Four Concerns in Manganese Mining
The underground nature of manganese mines in Iran is an old challenge for miners in this field, because it involves the high cost of production.
Candidates face each other in first televised debate
The first televised debates among seven presidential candidates were held on Saturday afternoon.
Investigating disasters caused by Yemen War
The fourth pre-session of an international conference on international law and armed conflict in the region, entitled "Yemen War and Role of International Law on Armed Conflicts", was held virtually at Qom University.
Germans, Japanese and Marylanders are poisoned by the US military
PFAS in fire-fighting foams used on basFes worldwide are contaminating the environment and endangering public health. The Pentagon denies wrongdoing.
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important news
Iran Navy successfully carries out Photo Ex operations in joint drills with Russia and China
Iranian naval forces have successfully executed photo exercises and tactical formation operations on the second day of joint naval drills with the Russian and Chinese navies.
Navy chief: Trump’s remarks on U.S.’s power delusional
Rear Admiral Shahram Irani, the Navy commander, dismisses Donald Trump’s remarks that the U.S. is more powerful than Iran, China, and Russia, calling the remark “delusional.”
Tehran reiterates: No letter received from U.S. president
Tehran reiterates: No letter received from U.S. president TEHRAN (Iran News) Tehran has once again said that it has not received a letter from U.S. President Donald Trump, days after he claimed to have sent such a letter to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei. Foreign Ministry spokesperson Esmail Baqaei said during a […]
Leader Rejects Negotiations Driven by Bullying Gov’ts, Stresses Economic Reform
TEHRAN - In a significant address on Saturday, Supreme Leader of the Islamic REvolution, Ayatollah Ali Khamenei, asserted that the insistence of certain domineering governments on negotiations is not aimed at resolving issues but rather at imposing their demands. Speaking to the heads of Iran’s three branches of government and a large gathering of officials and managers, he emphasized that the Islamic Republic would not bow to such expectations.
After series of anti-Iran moves, U.S. president says he has asked Tehran to reopen nuclear negotiations
Donald Trump said in an interview with Fox Business that he had written a letter to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, asking that negotiations be reopened.
Hot Lines
Malaysians in Tehran Mark 66th National Day, Malaysia Day
TEHRAN – Malaysians in Tehran marked together the 66th National Day and Malaysia Day in style on September 5 at the residence of Malaysian Ambassador to Tehran H.E. Khairi bin Omar.

The Concept of Love in the New Testament and the Qur’an
This article studies the concept of love in the Qur'an and the New Testament. The purpose of this article is to examine and compare the concept, approach and scope of love in these books.
The Fight Against Corruption – Is a Priority of Uzbekistan’s State Policy
The reforms started in Uzbekistan 7 years ago are being continued consistently. Decisions based on principles such as keeping up with the times, openness to positive changes, and ensuring human dignity are becoming important in determining the country's future.
New Tourism Destinations in Malaysia Introduced
The Ministry of Tourism, Arts and Culture of Malaysia announced that the country's borders were opened to foreign tourists after a two-year hiatus due to the corona pandemic.
Expansion of investment with the development of infrastructure in Lamerd Special Economic Zone
Lamerd Special Economic Zone has seriously used its full capacity to build infrastructure. With the efforts of the management complex, despite all the problems, with the development of infrastructure, we are witnessing the expansion of the presence of investors.