INDICES
-
Saudis Deny Claim That Crude Export to US Rose Last Month
EghtesadOnline: A Saudi Arabian oil official on Saturday refuted the conclusion of an analytics firm that the country’s oil exports to the US dramatically increased in the last month.
-
Texas Oil at $2 a Barrel Raises Specter of New Negative Prices
EghtesadOnline: Crude prices in America’s oil capital are getting dangerously close to zero.
-
Oil Glut Closes Middle East’s Largest Crude Terminal
EghtesadOnline: With the coronavirus choking fuel demand and the world awash in surplus crude, even the Middle East’s main oil-trading hub has run out of room to store unwanted barrels.
-
11 US Senators Want Saudis to Cut Crude Oil Production
EghtesadOnline: Republican US senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.
-
Mexico Says Reached Deal With Trump to Cut Crude Output
EghtesadOnline: The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce oil output.
-
Nationwide Oil, Derivatives Supply at 100 Billion Liters
EghtesadOnline: The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director of the company said.
-
US Penalties ‘Have Not Deterred Much’ of Sino-Iran Oil Trade
EghtesadOnline: Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian crude, analysts said.
-
Iran's Newly-Discovered Oilfield in Khuzestan Holds 53b Barrels of Crude
EghtesadOnline: A new oil field was identified in southwest Iran that holds 53 billion barrels of crude oil, President Hassan Rouhani said in Yazd on Sunday.
-
Crude Output Up at Iran's North Yaran Joint Oilfield
EghtesadOnline: The second electric submersible pump installed in a well in the North Yaran Oilfield in southern Khuzestan Province has reached a stable level, head of the field development project said.
-
Iran to Start Oil Export From Oman Sea in 2021
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said the National Iranian Oil Company will start exporting crude from the port of Jask in southern Hormozgan Province in 2021.
