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Global Oil Market

  • EghtesadOnline: Tehran and Caracas are ready to adopt measures to help stabilize the global oil market and improve prices.

  • EghtesadOnline: Iran has come a long way in regaining the lost ground in the global oil market and expanding its gas production after last year's lifting of sanctions, a parliamentary report shows.

  • EghtesadOnline: The global oil market is expected to rebalance in the second half of 2017, but further output increases among key producers such as Nigeria and Libya could hamper this process, International Energy Agency chief Fatih Birol said on Tuesday.

  • Algerian oil finds an unlikely home far away in Australia when cheap shipping redraws long established trade routes

    EghtesadOnline: From Norway to the Bahamas, from Algeria to Australia. Ultra-low crude prices combined with cheap shipping rates are encouraging a host of exotic new oil trading routes that wouldn't look out of place in the latest travel brochures.