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Official: Afghanistan Continues Oil Imports from Iran

23 May 2019 - 15:10
A spokesman of the Afghan ministry of oil and gas rejected media reports claiming that the country has stopped crude imports from Iran.

Turkey Complies With US Oil Sanctions on Iran

23 May 2019 - 15:00
Turkey has closed its ports to Iranian oil, fully complying with US sanctions against its main supplier, despite Ankara publicly criticizing the United States’ move to end import waivers and warning of a struggle to tap alternative producers.

US Buying More Russia Oil

23 May 2019 - 14:53
The United States is increasing its oil imports from Russia, according to a Bloomberg source, as US refineries clamor for more oil now that refineries oil supplies have dried up.

Oil Up on Escalating Tensions

22 May 2019 - 05:56
Oil prices rose on Tuesday on escalating US-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year.

Minister Says Russia Open to Relaxing OPEC+ Cuts

22 May 2019 - 05:52
From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until the yearend.

Vedanta wins bids to explore and mine two Indian copper blocks

21 May 2019 - 22:19
Oil-to-metals conglomerate Vedanta Ltd said on Tuesday it had been declared the preferred bidder for two copper blocks in the India's western state of Maharashtra.

Russia Cuts Oil Production Below OPEC+ Cap

20 May 2019 - 14:35
Amonth before OPEC and allies are set to discuss the future of their production cut deal, the leader of the non-OPEC group, Russia, appears to have finally fallen in line with its share of the cuts, producing below its OPEC+ quota for the month of May.

Total Declares Force Majeure on German Refinery

20 May 2019 - 14:16
France’s Total has halted some of the units at its 230,000-barrel-per-day Leuna refinery in Germany to conduct technical checks after contaminated Russian crude oil was found to have flown via an oil pipeline from Russia to European customers.

S. Korea's Oil Imports from Iran Rise in April

18 May 2019 - 20:15
South Korea’s Iranian oil imports rose 17% in April from a year earlier, customs data showed on Wednesday.

Oil Rises as Middle East Tensions Mount

18 May 2019 - 14:15
Oil prices rose again Friday and were on track for the first weekly gains this month, as rising tensions in the Middle East stoked fears of supply disruptions.
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