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HomeIran

Iran

Iraq’s Oil
Crude Oil News

Tensions Rise As Iraq Prepares To Usurp Kurdish Oil Contracts

May 24, 2022 Mariel Alumit

Tensions are rising between Baghdad and Kurdish officials in the semi autonomous Kurdistan Regional Government in Northern Iraq as Iraq’s Oil Ministry prepares to take control of the Kurdish oil sector, including contracts with foreign […]

Crude Oil News

Iraq secures Iran gas imports in preparation for summer

May 13, 2022 Mariel Alumit

Iraq is to receive 50mn m³/d of gas from Iran during the four summer months, a supply it will remain reliant on for 5-10 years depending on finding alternatives, Iraq’s minister of electricity Adel Karim […]

Commodities

OPEC+ Misses Production Target By Whopping 2.7 Million Bpd

May 12, 2022 Stu Turley

All 13 members of OPEC saw their production rise by just 153,000 barrels per day. OPEC’s collective production rose to 28.648 million bpd in April. Saudi Arabia, raised its production by 127,000 bpd to 10.346 […]

No Picture
Crude Oil News

Hopes for Iran deal fade just when the world needs oil most

May 12, 2022 Mariel Alumit

(Bloomberg) — Two months after negotiators left Vienna, expectations are fading that Iran nuclear talks will resume, leaving the world with the remains of an agreement no one’s willing to pronounce dead. A media tent […]

OPEC Raises Oil Production By Just 57000 Bpd In March
Crude Oil News

OPEC Raises Oil Production By Just 57,000 Bpd In March

April 15, 2022 Stu Turley

OPEC raised its oil production by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset increases at the core OPEC members of the Middle […]

Millions of Russian Oil Barrels Could be Shut in Next Month
Crude Oil News

Millions of Russian Oil Barrels Could be Shut in Next Month

March 17, 2022 Mariel Alumit

From April, three million barrels per day of Russian oil production could be shut in as sanctions take hold and buyers shun exports. That’s according to the International Energy Agency’s (IEA) latest oil market report, […]

Iranian Nuclear Deal – What You Need to Know
Geopolitical

Iranian Nuclear Deal – What You Need to Know

March 17, 2022 Mariel Alumit

Iran’s nuclear program has a convoluted history that stretches back even further than you can probably imagine. In the time since its inception, there have been countless conflicts and disagreements. Some reinforced the ban on […]

U.S. seizing tankers has failed to stop Iran's oil exports, minister says
Crude Oil News

U.S. seizing tankers has failed to stop Iran’s oil exports, minister says

March 12, 2022 Stu Turley

ENB Publishers Note: Sanctions do not work. Iran has found a way around them for years. Russia has already got things lined up to survive sanctions. Only the consumers of all countries buying and selling […]

Gasoline prices displayed at a Chevron station in Los Angeles, on March 7.Photographer: Marcio Jose Sanchez/AP
Climate Crisis

What does California’s high gas prices at the pump have to do with Russia and Iran sanctions?

March 11, 2022 Stu Turley

California’s energy policies have continued to negatively impact its citizens over the last 10 years. and the world’s geopolitical situations have just caused some real problems for oil prices.  While the Russian and Iranian geopolitical […]

Crude oil and Money -EnergyNewsBeat.com
Crude Oil News

Oil surges to multi-year highs as Russian supply shortfall looms

March 6, 2022 Andy Del Prado

NEW YORK, March 4 (Reuters) – Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the world’s second-largest exporter of crude. Crude […]

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