TEHRAN, June 03 - Iran’s oil exports hit 2.7 million barrels per day (bpd) in May, a new record since the lifting of anti-Tehran sanctions in 2016, and despite the threats of fresh US sanctions.
TEHRAN, June 03 - Japan said it is trying to seek an exemption from the US to maintain its oil imports from Iran as the administration of US President Donald Trump is preparing to reinstate sanctions against the country.
TEHRAN, June 03 - Iran's oil exports hit 2.4 million barrels per day (mbpd) in May in what is seen as a new record since the lifting of international sanctions on Tehran in 2016, and despite the threats of returning US sanctions.
TEHRAN, May 30 - A Luk oil official has been quoted as saying that Russia’s second oil producer has put its plans to develop projects in Iran on hold in the face of US sanctions.
TEHRAN, May 28 - U.S. oil futures sank to six-week lows on Monday on expectations that major producers may raise output, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit.
TEHRAN, May 23 -The International Monetary Fund (IMF) has urged Saudi Arabia to keep public spending under control as the kingdom’s economy appears to be slowly recovering from the deep recession in line with climbing oil prices.
TEHRAN, May 22 - Indian refiners say they are keen to maintain oil imports from Iran despite the US withdrawal from a nuclear deal with Tehran and threats to pressure the country with “the strongest sanctions in history.”
TEHRAN, May 20 - Iranian Oil Minister Bijan Zanganeh says Tehran’s oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US withdrawal from the multinational accord.
TEHRAN, May 20 - The European Union said it formed a joint working committee with Iran to help resolve problems that might affect Iran’s oil exports once the US re-instates its sanctions against the country.
TEHRAN, May 18 - The mechanisms that were devised during the period of previous sanctions for exporting petrochemicals are still preserved, therefore the industry will not be affected by sanctions re-imposed by the US, a top Iranian official said.
TEHRAN, May 16 - The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a Russian report says.
TEHRAN, May 14 - A top Iranian oil official says all of the country’s oil cargoes have designated customers worldwide, stressing that the potential US sanctions have not thus far undermined the flow of oil supplies to international markets.
TEHRAN, May 12 - Indian Oil Minister Dharmendra Pradhan said on Saturday it was too early to predict the impact of U.S. sanctions on his country's imports of Iranian oil .
TEHRAN, May 10 - Signs have appeared that show US President Donald Trump’s threat of curbing Iran’s oil exports once new sanctions are put in place is easier said than done as world’s biggest buyers are already reluctant to forego their Iran import plans.
TEHRAN, May 9 -Signs have appeared that show US President Donald Trump’s threat of curbing Iran’s oil exports once new sanctions are put in place is easier said than done as world’s biggest buyers are already reluctant to forego their Iran import plans.
TEHRAN, May 9 - Oil prices increased by above 3 percent in Wednesday trading after US President Donald Trump announced that he would pull America out of a nuclear agreement with Iran.
TEHRAN, May 8 - Recent growth in commodities has helped the Russian budget as oil revenues grew over 21 percent and sales of the liquefied natural gas doubled. Natural gas sales are also on the rise.
TEHRAN, May 8 - Refinery maintenance coupled with a release of floating storage volumes pushed Iran's crude and condensate exports in April to multi-year highs, although output remained stable.
TEHRAN, May 8 - Iran's Research Institute of Petroleum Industry and Germany's Raschig have signed a non-disclosure agreement about gas sweetening with amine solution.