Monday, 20 September , 2021
OIL Archives - Page 3 of 34 - Iran News Daily
Is This Oil Rally The Start Of Something Much Bigger? 17 Feb 2021

Is This Oil Rally The Start Of Something Much Bigger?

Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.

Oil hits highest level in one year 06 Feb 2021

Oil hits highest level in one year

Oil prices hit its highest in a year on Friday, closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer group OPEC and its allies.

Goldman Bullish On Oil, Relief Package 23 Jan 2021

Goldman Bullish On Oil, Relief Package

Oil prices will be supported this year by the upcoming massive economic stimulus package in the United States and the low probability of much Iranian oil returning to the global market, according to Goldman Sachs.

The Real Crisis For Oil is Yet To Come 09 Jan 2021

The Real Crisis For Oil is Yet To Come

Italian energy major, Eni, described 2020 as a “year of war”, regarding the energy crisis experienced in the face of a global pandemic. But it may be too soon to see the issues faced last year as a thing of the past.

Oil Steadies Near $50 After Surging on Surprise Saudi Output Cut 06 Jan 2021

Oil Steadies Near $50 After Surging on Surprise Saudi Output Cut

Oil steadied in Asia after surging to a 10-month high on Saudi Arabia’s pledge to cut an extra 1 million barrels a day of crude output in February and March as a rampant coronavirus leads to more lockdowns.

Steam Unit of Phase 14 of SP Ready for Production 03 Jan 2021

Steam Unit of Phase 14 of SP Ready for Production

The operator of the phase 14 development project of South Pars Mr. Mohammad Mehdi Tavasoli-Pour said that the steam unit of the phase 14 is ready for production,

National Economy Has Been Politicized 16 Dec 2020

National Economy Has Been Politicized

Minister of Finance and Economic Affairs Farhad Dejpasand says national economy is grappling with politicization and the only cure for it is the interaction and professional performance with calmness.

No Permission Needed to Return to Oil Market 15 Dec 2020

No Permission Needed to Return to Oil Market

Stating that the export of 2.3 million barrels is possible, Minister of Oil Bijan Zanganeh said that Iran does not need permission to return to oil markets.

Oil Prices Towards $50 On OPEC+ Agreement 07 Dec 2020

Oil Prices Towards $50 On OPEC+ Agreement

OPEC+ managed to seal a compromise deal over its oil production policy early next year, presenting a united front of a unanimous decision after days of disagreements.

Gov’t Predicts Oil Sales of Up to 2.3m bpd Next year 06 Dec 2020

Gov’t Predicts Oil Sales of Up to 2.3m bpd Next year

Mohammad Baqer Nobakht says Iran is fully ready to export 4.6m bpd of crude oil in case the sanctions are lifted by the U.S. but in the budget bill, it is predicted the country to sell between 1 to 2.3m bpd next year.