UAE ups oil and gas output as Iran sanctions hit
The United Arab Emirates, OPEC's fourth largest producer, currently produces up to 3.5 million bpd (AFP Photo/KARIM SAHIB)/ Dubai (AFP) - UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect. ...
Iranian Events Around the World
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Oil market on alert as Iran sanctions hit
US sanctions against importers of Iranian oil threaten the crude oil market's precarious balance and risk surging prices, all under Saudi Arabia's watchful gaze, according to experts. "In the next weeks all eyes will be on Iranian exports, whether there will be some cheating around US sanctions, ...
Saudi readies to boost supplies over Iran oil sanctions
The renewal of sanctions on the Islamic republic comes at a time of major supply disruptions in several producer nations and as US President Donald Trump aims to prevent an oil price hike (AFP Photo/STR)/ Dubai (AFP) - With Washington poised to curtail Iran's oil exports, OPEC heavyweight Saudi ...
Oil market on alert as Iran sanctions hit
against importers of Iranian oil threaten the crude 's precarious balance and risk surging prices, all under "In the next weeks all eyes will be on Iranian exports, whether there will be some cheating around US sanctions, and on how quickly production will fall," said Riccardo Fabiani, an ...
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Iran oil sanctions: Saudi ready to boost supplies
Filed on November 4, 2018 | Last updated on November 4, 2018 at 10.50 pm/ The kingdom could turn to its huge strategic reserves of around 300 billion barrels to meet global demand./ With Washington poised to curtail Iran's oil exports, Opec heavyweight Saudi Arabia and its partners stand ready ...
