Business8 years ago
Oil rises past $50 over US stocks report
Brent crude rose past $50 a barrel for the first time this year after the United States announced a fall in its stocks.
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Business8 years ago
Saudis, allies killed oil freeze deal: Russia
Russia’s energy ministers blames Saudi Arabia and some of its regional allies for the failure of recent talks in Qatar aimed at capping oil production.
Energy8 years ago
Larger liability support for Iran oil imports
The International Group of Protection and Indemnity (P&I) has increased the liability support for transporting Iranian oil from $80 million to $580 million.
Energy8 years ago
Iran announces major jump in oil exports
Iran's First Vice President Eshaq Jahangiri says the country has been able to increase its oil exports to 2.2 million barrels per day.
Energy8 years ago
Iran invited to Doha oil freeze talks
Iran has been invited to talks among world's key oil producers over implementing an output freeze to help stabilize the prices.
Energy8 years ago
Iran rejects oil freeze call as ‘joke’
Iran's Oil Minister Bijan Zangeneh has strongly rejected a call by Saudi Arabia to freeze oil production at one million barrels per day, saying such a request is nothing more than "a joke".
Energy8 years ago
Iran hints at ‘unexpected’ oil price jump
A senior Iranian official says oil prices are likely to jump to unexpected levels in the next Persian calendar year.
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