Iranian Oil

Ukraine starts buying Iranian oil

Ukraine, which has started buying Iranian oil since June 2017, already bought almost $5.7 million worth of crude oil from Iran, Ukraine's State Fiscal Service said in a message. "If in June Ukraine received …

 Iran expects steep increase in gas output

Iran will see a steep rise in its natural gas output and exports, its deputy oil minister Amir Hossein Zamaninia said on the sidelines of 22nd World Petroleum Congress in Istanbul. Iran's deputy oil minister for …

 New oil block discovered in central Iran

A new oil block was discovered in Iran’s central province of Semnan, an unnamed source said. However, the source said that preliminary findings do not indicate the existence of any notable reserve in the newly found block. …

Iran to back extension of oil output cuts

Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian oil minister Bijan Namdar Zanganeh said. Zanganeh stressed that most countries want …