Crude oil prices fell about 1% on Tuesday, recording the first decline in four sessions, dragged down by reduced fears of an eventual crude supply disruption in the Middle East after the U.S. killed an Iranian general last Friday.
read more... 08/01/2020
Crude oil prices surged on Friday, hitting the highest level since September 2019 after a U.S. military strike killed General Qassem Soleimani, head of Iran’s elite Quds Force, increasing concerns about a crude oil disruption.
read more... 06/01/2020
Iranian President Hassan Rouhani on Sunday said a new big oilfield has been discovered in Khuzestan province in southwestern Iran.
read more... 11/11/2019
A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.
read more... 15/10/2019
Crude oil prices soared on Friday, bolstered by rising tensions in the Middle East following a missile attack on an Iranian tanker. Hence, Brent crude traded 2.4% up at $60.51, while WTI futures rose by 2.2% to $54.70 a barrel.
read more... 14/10/2019