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oil exports

Iran Raps US Envoy’s Meetings with OPEC Members

The Iranian oil minister has lashed out at US special representative for Iran Brian Hook over his “meddlesome” meetings with members of the Organization of the Petroleum Exporting Countries in Vienna, asserting that OPEC is an independent body that does not take orders from the US.

Iran Warns US over Attempts to Block Oil Sales

President Hassan Rouhani has reaffirmed that the United States will not be able to stop Iran’s oil sales, warning that no crude will find its way out of the Persian Gulf should Washington attempt to target Iranian crude exports.

India Gets US Waiver to Continue Iran Oil Imports

Officials in New Delhi say the United States has agreed to grant India a waiver from Iran sanctions so that the country would be able to maintain imports of crude oil from the Islamic Republic.

Iran’s Oil Exports Total 2.20 Mmbpd in First 2 Weeks of October

Iranian crude oil and condensate exports averaged 2.20 million barrels per day (Mmbpd) in the first two weeks of October, an increase of 195,618 Bpd over the full month of September, Kallanish Energy reports.

Iran to Provide Oman Market Needs

The Social Security Investment Company (Shasta) of Iran on Saturday signed a deal with an Omani holding for exporting of Iran-made products and services to Oman.

Oil Price Rally Offsetting US Sanctions Impact

A senior Iranian official says the recent rise in oil prices has offset the impact of US sanctions on Iran’s oil exports, with the country’s oil revenues up 16 percent in the past six months.

Iran Vows Full-Throttle Oil Production

Oil prices remain at four-year highs on rising doubts about the capability of Saudi Arabia and other producers to substitute Iran’s crude after the US imposes new sanctions on the country on November 4.

Kuwait Stops Exporting Crude to US

Kuwait has for the first time in 25 years halted its crude oil exports to the US, according to statistics published by the US Department of Energy.

EU Financial Mechanism Suitable for Others: Araqchi

Iran Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi said the EU financial mechanism can also be used by other countries.

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