Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on Tehran's disputed n ...
It’s no secret that Iran provides critical support to Syrian President Bashar al-Assad. The trouble comes in trying to figure out how much Iran spends and what that support actually looks like.
Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.
A ruptured pipeline near Santa Barbara leaked an estimated 21,000 gallons of crude oil Tuesday, some of which flowed into the ocean and left a thick coat of black tar along the county’s pristine shores, authorities said.
Abu Dhabi National Oil Company (Adnoc) raised the retroactive prices of crude sold to Asia in April, after robust demand pushed up spot premiums for its grades.
Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said on Tuesday.
A bill on a guarantee agreement signed between Tunisia and the International Islamic Trade Finance Corporation (ITFC) was passed, Tuesday, at a plenary session of the House of People's Representatives (HPR).