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Iran Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about Iran Energy.
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Latest Iran Crude Oil News

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  • UAE says oil cuts should remain 7 Nov 2009 15:51 GMT
    ... ended October 30 to 335.9 million barrels. “Crude oil stockpiles are near the upper limit of the average ... recovery, causing oil demand to fall back. Iranian and Venezuelan OPEC officials have said they ...

  • October in REVIEW: Adjusting to a New Cabinet 7 Nov 2009 07:13 GMT
    ... million. Oct. 3: Pertamina buying oil from Iran Indonesian state oil company PT Pertamina has ... company PT Pertamina has planned to buy crude oil from National Iranian Oil Refinery & Distribution Co., under ...

  • Raising output not on OPEC agenda now-UAE oil min 7 Nov 2009 12:11 GMT
    ... decide on production policy. Both Venezuela and Iran have said the producer group did not need ... $77.43 a barrel on Friday while London Brent crude was down $2.12 to $75.87 a barrel. Overall, Hamli said, ...

  • Raising output not on OPEC agenda now 7 Nov 2009 13:07 GMT
    ... decide on production policy. Both Venezuela and Iran have said the producer group did not need ... $77.43 a barrel on Friday while London Brent crude was down $2.12 to $75.87 a barrel. Overall, Hamli said, ...

  • Raising output not on OPEC agenda now, says UAE Oil Minister 7 Nov 2009 20:32 GMT
    ... decide on production policy. Both Venezuela and Iran have said the producer group did not need ... to $77,43 a barrel yesterday while London Brent crude was down $2,12 to $75,87 a barrel. Overall, Hamli said, ...

  • Fuel for thought 6 Nov 2009 11:18 GMT
    ... zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its longrun average. The large ... ordinary men as the late shah of Iran Mohammad Reza Palliavi or Hugo Chavez in ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... OPEC's economic bulletin said. Last week, US crude oil price settled at USD 80.00 pb apparently affected by ... Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light ...

  • The Future of the Power Industry- NuclearÂ's Role in the Energy Mix - new report 6 Nov 2009 09:28 GMT
    ... on the future nuclear power sector. The crude oil price fluctuation and increasing concerns about challenges to petroleum ... - Key countries covered include South Africa, Iran, Mexico, Brazil, Argentina, the US, Canada, the ...

  • Tapis returns leadership: REVIEW of 13 world oil prices 2 Nov 2009 14:56 GMT
    ... with a 0.1-percent sulfur content. The American West Texas Intermediate (WTI) oil was traded slightly lower than ... Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export ... (Venezuela). An average spot price for WTS crude oil last week was $76.3 per barrel compared to $77 ...

  • Iran: US$40b needed to develop rest of South Pars gas field 1 Nov 2009 19:16 GMT
    ... Iran estimates that investments of US$40 billion (US$1 ... the drastic drop in the price of crude oil (in 2008) the execution of many oil projects ceased," the ...

  • Iran claim clouds Turkey's energy goals 5 Nov 2009 10:10 GMT
    ... By Robert M Cutler MONTREAL - An Iranian official's declaration that his country has entered ... a $2 billion investment to construct a crude oil refinery in northern Iran, likewise with an eye towards exports ...

  • Experts Divided on Iran's State Oil Cos Shakeup 5 Nov 2009 21:16 GMT
    ... As Iran's conservatives tighten their grip on the oil ... Iran is the second largest producer of crude oil in the Organization of Petroleum Exporting Countries. But it suffers ...

  • Iran says $40 billion investment needed to develop gas field 1 Nov 2009 22:50 GMT
    ... TEHRAN: Iran estimates that investments of $40 billion are ... the drastic drop in the price of crude oil (in 2008) the execution of many oil projects ceased,” the ...

  • Turkey invests in Iran to build oil refinery 1 Nov 2009 09:19 GMT
    ... Turkey invests in Iran to build oil refinery According to a ... to invest $2 billion to build a crude oil refinery in northern Iran, reported. The officials of Iran's oil ...

  • Peak oil review - Nov 2 2 Nov 2009 11:16 GMT
    ... Aramco announced that it will abandon the West Texas Intermediate (WTI) benchmark and as of January will ... energy-intensive and increasingly expensive fertilizers. (10/29, #3) Iran wants major amendments within the framework of a UN nuclear ...


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