Iranian Oil

Rosneft decides to leave Iranian market - media

Last year, Russia’s oil giant Rosneft and the National Iranian Oil Company planned to fulfill joint projects in oil and gas production to the tune of $30 bln and produce up to 55 mln tonnes of oil per year. The sides signed a …

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OPEC+ Succeeds, What’s Next For Oil?

OPEC+ managed to pull off an eleventh-hour agreement, checking all the boxes after a contentious set of meetings. There were a lot of competing interests at play, but the agreement offers a little bit of everything, enough for all parties to …

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Iran not to cut oil output while under sanctions

Iran will not discuss its OPEC quota as long as it is under sanctions, Iranian Oil Minister Bijan Namdar Zanganeh said, speaking after the session of the OPEC-Non-OPEC Joint Ministerial Monitoring Committee (JMMC) in …

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Oil prices decline as U.S. grants Iran sanctions waivers

Oil prices fell today as the start of U.S. sanctions against Iran's fuel exports was softened by waivers that will allow major buyers to still import Iranian crude. But Tehran said it would ignore Washington and continue to sell its …

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U.S. grants eight countries Iran sanctions waivers

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week, Bloomberg reported, citing a U.S. official. The list of countries includes South Korea, Japan, India …

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Trump world can live without Iranian oil

U.S. President Donald Trump said in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products from nations other than Iran to permit a reduction in purchases from that …

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U.S. grants India waiver from Iran oil sanctions?

The United States has granted India a waiver from sanctions imposed on Iran, which would allow Indian oil companies to continue to import about 1.25 million tonnes of oil a month till March from Tehran, Economic Times reported with reference to …

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