Crude oil

Iran retains its position as OPEC's second-largest oil producer

Iran's daily oil production reached 2.441 million barrels in June, allowing the country to retain its position as the…

Iran crude oil tankers exit US blockade zone: tracking site

Iranian oil tankers have exited the zone in the Persian Gulf blockaded by the US Navy, the TankerTrackers website…

Iran oil exports to China hit new record high, report shows

A Western media outlet has reported that the exports of crude oil from Iran to China have increased to new record…

Iran's crude oil exports to China hit new record high: report

TankerTrackers has announced that the Iranian oil exports to China have hit new record high since May 2018 when the…

Iran's crude oil storage capacity increases by 2m barrels

Iran’s crude oil storage capacity has increased by 2 million barrels following the commissioning of two refurbished…

Iran reacts to US decision on revoking Iraq sanctions wavier

Iranian Foreign Minister Abbas Araghchi has reacted to the US administration’s decision to revoke Iraq’s sanctions…

Iran sets official crude oil prices for January 2025

The National Iranian Oil Company (NIOC) announced on Sunday the official selling prices (OSPs) for its crude oil in…

46 mn tons of oil cargo loaded at Iranian ports in 7 months

Figures by Iran’s Ports and Maritime Organization (PMO) show that loading of crude oil and petroleum products in the…

Iran exports over $23 billion crude oil in H1: IRICA

The Islamic Republic of Iran Customs Administration (IRICA) said that $23.2 billion of crude oil was exported from the…

Iran’s crude oil finds new destinations

Iran has sent small shipments of crude oil to new destinations such as Bangladesh and Oman, according to shipping…