برچسب oil market

Edible Oil Market in Distress

EghtesadOnline: In a letter to the Agriculture Ministry, the Vegetable Oil Industries Association has warned against “serious crisis” facing the market as a result of a looming shortage.
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Publish Date:22/January/2022 | 14:23

Retaking Iran’s Int’l Oil Market Share a Priority

EghtesadOnline: Strengthening Iran's position in OPEC and retaking its share in the global oil market is among the Oil Ministry’s priorities, new oil minister, Javad Owji, said on Thursday, the first day of his tenure.
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Publish Date:28/August/2021 | 14:34

ICCIMA Official: Cordial Ties to Neighbors Key to Restoring Lost Oil Market Share

EghtesadOnline: The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market share if it carefully avoids conflict with neighbors, especially Saudi Arabia, the head of the Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date:05/May/2021 | 07:58

Iran Seeks More Euro for Crude Exports to S. Korea

EghtesadOnline: Unenthusiastic about trading oil in the US dollar and South Korea's won, Iran wants more euro payments for the crude oil it sells to South Korea, Oil Minister Bijan Namdar Zanganeh said, signaling that Tehran supports a growing interest in moving away from dollar as the international currency in oil market .
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Publish Date:23/October/2017 | 13:29

Saudi, Iraq Oil Ministers Agree to Stronger Oil-Cuts Commitment

EghtesadOnline: OPEC’s two biggest producers agreed to strengthen their commitment to production cuts and maintain balance in world crude markets, Saudi Energy Minister Khalid Al-Falih said after talks with his Iraqi counterpart Jabbar al-Luaibi, according to the kingdom’s state news agency SPA.
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Publish Date:12/August/2017 | 24:51

Oil Market Abandons Hope of Re-Balancing This Year

EghtesadOnline: The oil market has all but abandoned the hope of a re-balancing any time soon, with the re-emergence of a pricing structure that signals investors expect a glut to endure into next year.
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Publish Date:10/June/2017 | 06:45

Iraq's Crude Exports Hit 2017 High Before OPEC Cuts Extension

EghtesadOnline: Oil tankers shipped the most crude from Iraq in six months in May, when OPEC’s second-biggest producer was negotiating with the group’s other members to persist with supply constraints to shore up the global market.
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Publish Date:03/June/2017 | 24:47

Iran Confident of Oil Price Rebound

EghtesadOnline: The unexpectedly negative reaction of global markets to OPEC's decision on extending crude supply cuts into next year is temporary and prices will gain ground, says Iran's Oil Minister Bijan Namdar Zanganeh.
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Publish Date:29/May/2017 | 07:45

Iran says position in oil market ‘stronger’

EghtesadOnline: Iran’s Oil Minister Bijan Zanganeh says the country is in a stronger position to continue its oil policies after the re-election of President Hassan Rouhani this past Saturday.
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Publish Date:27/May/2017 | 24:30

Oil Prices Ease

EghtesadOnline: Oil prices hit their lowest in 11 days on Tuesday on news that US shale oil output in May is expected to post the biggest monthly increase in more than two years, fuelling concerns that US production growth is undermining efforts to cut oversupply.
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Publish Date:19/April/2017 | 10:57

Russia Needs Data on Oil Supply, Markets to Decide on More Cuts

EghtesadOnline: Russia isn’t ready to support a possible extension of oil-supply cuts into the second half of the year, even as more crude producers acknowledge they will probably need to do so to achieve their goals of balancing the market and firming up prices.
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Publish Date:27/March/2017 | 24:59

Oil Speculators Can't Dump Rally Bets Fast Enough Amid Glut

EghtesadOnline: The bullish sentiment following OPEC’s deal is almost all gone. Hedge funds haven’t been so skeptical on rising West Texas Intermediate crude prices since Nov. 29, the day before the cartel agreed to cut output, according to U.S. Commodity Futures Trading Commission data.
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Publish Date:27/March/2017 | 11:22