Iran crude oil
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Experts Say Chinese Firms Will Stay in Iran Despite US Threats
EghtesadOnline: Chinese enterprises will not pull out of Iran after US sanctions kick in, but they may face a tough business environment due to pressure from the US, Chinese analysts said following…
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South Korea's January Crude Imports From Iran Fall
EghtesadOnline: South Korea’s crude oil imports from Iran fell 47% in January from a year ago to 950,013 tons, or 224,632 barrels per day, the lowest since October 2016, customs data showed on…
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Iran's Average Oil Prices Rise $12 on Year
EghtesadOnline: Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year, the Oil Ministry said, reflecting an upward trajectory in global prices…
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OPEC Reports Decline in Iran's November Output
EghtesadOnline: Iran produced 3.81 million barrels of crude oil per day in November, down 2,200 barrels compared with the previous month, OPEC's calculations showed on Wednesday.
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India, South Korea Nov. Iran Crude Imports Decline
EghtesadOnline: Indian refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data showed, while South Korea’s imports last month dropped to…
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Majlis Forecasts Oil to Average $54 Next Year
EghtesadOnline: The Majlis Research Center has predicted Iranian crude oil to sell at an average price of $54 per barrel in the next fiscal year that starts in March.
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Asia's Monthly Iran Crude Imports Fall
EghtesadOnline: Imports of Iranian crude oil by major buyers in Asia tumbled 29% in November from the same month a year ago to the lowest volumes since April 2016, government and ship-tracking…
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Caspian Oil Swap Steady
EghtesadOnline: Operations to swap the fifth batch of crude oil consignment from the Caspian Sea littoral states to the port of Neka in northern Iran with deliveries in the Persian Gulf were…
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Iran’s Crude Oil Price Up 4.5%
EghtesadOnline: Iran's crude oil prices continued to advance in the week to November 3, following the trail of international oil benchmarks which have rallied to their peak levels in more than…
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Iran Crude Oil Price Hits New Year-High
EghtesadOnline: Iran's crude oil crossed the $57-a-barrel threshold for the second time this year as global prices continue to draw support from the prospect of extending a supply cut agreement…
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Iran Expects Crude Output to Reach 4.5 mbpd in Four Years
EghtesadOnline: Iran sees the potential to raise its crude oil production capacity by more than 50% in the long run, while plans are in place to ramp up output to 4.5 million barrels per day…
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Iran Condensate Exports to Rebound in November
EghtesadOnline: Iranian exports of ultra-light crude oil, known as condensate, are set to recover 1% in November from a five-month low in October, although maintenance at a key oilfield will…
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Iran oil exports register 8-month rise
EghtesadOnline: Market figures show Iran’s exports of crude oil have reached the highest level since February.
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Iran’s Crude Oil Prices Ease
EghtesadOnline: Iran's light crude oil rally fizzled in the week to October 6 after breaking the $57-per-barrel mark last month, its highest level in the year.
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Iran’s Oil Hits $57
EghtesadOnline: Iran's crude oil reached $57 a barrel in the week to Sept. 29, crossing a new price milestone in the year, as the export of crude and condensates surpassed 2.6 million barrels…
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Iran to market 2 new crude oil brands globally
EghtesadOnline: Director of the International Affairs Department at National Iranian Oil Company Saeed Khoshru said two new brands of ultra heavy crude oil of Iran, named Kurosh (South Pars oil…
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Iran's Light Crude Hits $54
EghtesadOnline: Iran's light crude extended its rally to $54 per barrel in the week to September 15 along with a global upturn in oil market. The light grade rose by $1.60 to $54.01 a barrel…
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Iran produces 3m b/pd of crude oil from South Pars
EghtesadOnline: Cumulative crude oil production from the South Pars Oil Layer (SPOL) has reached 3 million barrels per day since March 21, 2017, the project operator said on Sunday.
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Iran's Crude Oil Prices Advance
EghtesadOnline: Iran's crude oil prices staged a strong recovery in the week to September 8 from a dip in the previous week, settling well above their average so far this year.
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Iranian Crude Below $51
EghtesadOnline: Iran's crude oil dipped below $51 a barrel in the week to September 1, echoing uncertainties in global markets roiled by supply disruptions in the US.
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Cooperation With Russia, Turkey to Boost Iran's Oil, Gas Production
EghtesadOnline: A joint effort by Iranian, Russian and Turkish companies can lead to producing more than 100,000 barrels of crude oil and over 80 million cubic meters of natural gas per day from…
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Asian Imports of Iranian Crude Hit 14-Month Low
EghtesadOnline: Imports of Iranian crude by major buyers in Asia fell for a second month in a row to a 14-month low in June, weighed down by sluggish purchases by China and Japan.
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Iran Crude Oil Output Near 4 mbpd
EghtesadOnline: Iran’s daily crude output has exceeded 3.9 million barrels "for the first time after the sanctions removal" in early 2016, government spokesman, Mohammad Baqer Nobakht, said on…