Crude

Iran exported 50mln crude oil barrels in 2 weeks: source

Iran has exported 50 million barrels of oil in two weeks, and its income is about 3.5 billion dollars, according to a s…

Iran estimates US-Israeli war damages at $270b: spox

The spokeswoman for the Iranian administration has estimated that the damages resulting from the recent US-Israeli war…

NIOC inks new investment contracts valued at $2.7b

The National Iranian Oil Company (NIOC) signed contracts on purchasing guaranteed drilling services and processing…

Iran raises light crude price for Asian customers in March 2025

The National Iranian Oil Company (NIOC) has announced an increase in the price of Iran’s light crude oil for Asian…

Iran lifts its rank in OPEC

Iran has overtaken Kuwait and Nigeria to be the fourth largest crude/condensate exporter of OPEC.

Minister: Iran oil production to reach 4 million bpd

Iranian Oil Minister Javad Owji has said that the country plans to increase its daily crude production to 4 million…