OIL

Russians cooperating with Iran on developing oil fields

Iranian Minister of Petroleum Mohsen Paknejad stated that Russian firms are collaborating with Tehran to develop…

Iran’s oil output up nearly 13% in 2024: OPEC data

Latest data from the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s oil production rose…

US dream to reduce Iran’s oil export to zero will never come true: Iranian minister

Iran’s Petroleum Minister, Mohsen Paknejad, has emphasized that the strength of the Islamic Republic lies in its…

Iran breaks 10-year oil export record in one month: Oil min.

Iran’s oil minister said on Wednesday that the country has broken a 10-year record in oil exports in the Iranian month…

Can Iran Have a Stable Currency System Without Oil?

The lack of a transparent and stable currency system in Iran has led to currency fluctuations, exacerbating economic…

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…

Shadow Fleet: Iran’s secret weapon against sanctions

Trump’s return to the White House can bring along the intensification of sanctions with the reactivation of the…

Iran private sector operates 1st oil dock in South Pars

The first oil dock built by the Iranian private sector has become operational in Kangan located in the southern…

Iran’s oil exports rebounded sharply in second half of December: Data firm

Iran ramped up its oil exports in the second half of December after a slump reported earlier in the month, according…

US sanctions failed to crimp Iran’s oil supply: Chevron CEO

An international oil industry executive says US sanctions on Iran have failed to remove the country’s oil supply from…