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Iran oil exports rise to highest level since EU imposed sanctions

Jan 31, 2013

Continuous robust demand from top buyer China and others such as India and Japan, as well as the purchase of new tankers, allowed the Islamic Republic to unexpectedly boost exports late last year. #NewsTracker #European Union #OPEC #Iran #oil exports
Oil output by Opec countries likely to remain strong next year

Dec 26, 2012

Output by OPEC block is likely to remain strong in 2013 as only a few member countries may be able to increase oil production from current levels, says a report. #Libya #oil #NewsTracker #OPEC #Iraq
ONGC says presence in Iran, Sudan may affect US energy assets

Sep 04, 2012

Oil and Natural Gas Corp.'s plans to develop a gas field in Iran are in the balance as the company's exposure to the sanctions-hit OPEC member may hit aspirations for US energy assets, Chairman Sudhir Vasudeva said on Tuesday. #ONGC #OPEC #CompanyWatch #gas fields #Sudan #USA #Oil output

Wire

Channel News Asia
Iran hopes OPEC lowers output: oil minister

2013-05-13 09:25:00

TEHRAN, Iran: Iran is unhappy with the current oil prices, its oil minister said Monday, hinting at a proposal for the OPEC to lower its output to compensate for a drop in crude prices. "Iran's suggestion has always been to reduce OPEC production ceiling #Iran #OPEC #Tehran
Russia Today
US shale oil boom will make OPEC voice smaller in energy market- IEA

2013-05-14 15:53:00

The quick progress of the 'shale revolution’ in the US is set to reshape the world energy market by 2018, when OPEC becomes less influential and developing countries drive global demand. The US shale oil will meet most of the demand from across the world #OPEC #International Energy Agency #Saudi Arabia
Independent Online (South Africa)
Oil down in Asia as Opec boosts supply

2013-05-13 06:04:00

Singapore - Crude prices were lower in Asian trade on Monday, after Opec raised its oil output and maintained a flat forecast of global demand, analysts said. New York's main contract, light sweet crude for delivery in June, shed 81 cents to $95.23 a bar #Singapore #China

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