TEHRAN, October 23 - Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to a record high, two weeks before U.S. sanctions potentially choke off Iranian supplies.
TEHRAN, October 23 - Sri Lanka, which is dependent on Iranian light crude, has sought advice from India on its strategy on purchasing oil from the country in the light of tightening US sanctions.
TEHRAN, October 23 - Saudi energy minister says his country would not be able to compensate for possible oil disappearance from global markets once the US re-imposes its sanctions against Iran.
TEHRAN, October 21 - Iran has sent a major cargo of oil to China before the re-imposition of the second round of US sanctions that will be meant to target the country's oil exports.
TEHRAN, October 20 -Projections of $100 oil at the end of 2018 were the rage just a few weeks ago. It remains to be seen what will happen with U.S. relations with Saudi Arabia and whether sanctions against Iran will put a kink in global supplies next month.
TEHRAN, October 20 - An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month and in early November before US sanctions on Iran take effect, according to an Iranian shipping source and data on Refinitiv Eikon.
TEHRAN, October 17 -Oil major Total has teamed up with the Indian conglomerate Adani to jointly develop liquefied natural gas terminals, as well as build 1,500 service stations in India.
TEHRAN, October 14 - Iranian First Vice-President Es’haq Jahangiri highlighted the reasons behind the recent surge in oil prices and said US President Donald Trump wrongly thought that the Saudis were able to replace the reduced share of the Islamic Republic in global oil markets.
TEHRAN, October 12 - India imported 528,000 bpd of Iranian oil in September, up by 1 percent from August, due to delays of some August cargoes until Indian refiners received the government nod to import Iran’s oil on Iranian tankers with Iranian insurance, a report said.
TEHRAN, October 10 -As the US is preparing to restore sanctions against Iran’s oil exports within weeks, concerns are already rising among corporate leaders that oil prices could rise to unprecedented highs.
TEHRAN, October 10 -The powerful blast that rocked Bosnia’s Brod oil refinery late on Tuesday has left one worker dead, officials said as they raised the figure for the number injured to nine.
TEHRAN, October 10 - Iran is streamlining its oil export modalities and testing creative ways to thwart new US sanctions which are to kick in on November 4.
TEHRAN, October 09 - Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago.
TEHRAN, October 09 - Indian Oil Minister Dharmendra Pradhan said two state refiners have placed orders for importing crude oil from Iran in November, the month when US sanctions on Iranian oil purchases take effect.
TEHRAN, October 06 -The administration of President Donald Trump is contemplating waivers on sanctions it plans to re-impose next month for countries that are cutting their oil imports from Iran, a US government official says.
TEHRAN, October 04 -Oil prices on Thursday slipped from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output.
TEHRAN, October 03 - Oil prices remain at four-year highs on rising doubts about the capability of Saudi Arabia and other producers to substitute Iran’s crude after the US imposes new sanctions on the country on November 4.