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OIL Archives - Page 16 of 41 - Iran News Daily
US Oil Companies Cutting Production Faster Than Expected 08 May 2020

US Oil Companies Cutting Production Faster Than Expected

The United States is on track to cut 1.7 million barrels of oil production per day, according to Reuters calculations of state and company data shared on Thursday.

US Oil Prices Slide As Coronavirus Fuels Storage Fears 28 Apr 2020

US Oil Prices Slide As Coronavirus Fuels Storage Fears

US oil prices fell sharply in volatile trading on Tuesday as concerns over storage capacity prompted fears the American crude benchmark could again plummet into negative territory.

US Oil Prices Falls due to Fears of Low Capacity 28 Apr 2020

US Oil Prices Falls due to Fears of Low Capacity

US oil prices fell sharply in volatile trading on Tuesday as concerns over storage capacity prompted fears the American crude benchmark could again plummet into negative territory.

Rouhani: Oil Price Drop Harms Iran Less 22 Apr 2020

Rouhani: Oil Price Drop Harms Iran Less

Iran's economy would suffer fewer harms than other oil producers in the wake of the recent plunge in crude price, President Hassan Rouhani said.

US sanctions made Iran ready to face unprecedented oil prices fall 21 Apr 2020

US sanctions made Iran ready to face unprecedented oil prices fall

First Vice President Es’hagh Jahangiri said on Tuesday that due to the US sanctions, Iran is in readiness for coping with the unprecedented drop in oil prices.

Gov’t to Fully Support Non-Oil Exports 20 Apr 2020

Gov’t to Fully Support Non-Oil Exports

First Vice President Eshaq Jahangiri says the government emphasizes non-oil exports and it will support non-oil exports despite its budget limitation.

Industry min. to focus on non-oil export this year , a top priority 19 Apr 2020

Industry min. to focus on non-oil export this year , a top priority

Minister of Industry, Mine and Trade Reza Rahmani said hat his ministry will concentrate on exporting non-oil products in the current year [started March 21, 2020].

Compulsory Sales of Oil and Medicine to Iran is a Disaster 15 Apr 2020

Compulsory Sales of Oil and Medicine to Iran is a Disaster

An outspoken economist and Al-Zahra University teacher believes compulsory sales of medicines and food to Iran by other countries is a disaster and Iran’s request for getting loan from the International Monetary Fund (IMF) is a mistake.

Oil Price May Slump Further If Deal Fails 15 Apr 2020

Oil Price May Slump Further If Deal Fails

Iran's former OPEC governor Mohammad Ali Khatibi believes if oil exporting countries do not respect their deal, the oil price may fall further.

Slump in Oil Price to Intensify Sanctions Pressure 12 Apr 2020

Slump in Oil Price to Intensify Sanctions Pressure

Chairman of Iran-China Joint Chamber of Commerce Majid-Reza Hariri says China’s oil imports from Iran have slumped