by WorldTribune Staff, August 11, 2016 Saudi Arabia continues to pump oil at record levels as U.S. shale producers prepare to cut back amid seasonal maintenance at American refineries. Saudi has said it will not agree on limitations on production unless all OPEC nations, including Iran, agree. Iran, which has resumed production faster than expected […]
by WorldTribune Staff, June 7, 2016 Post-sanctions Iran has doubled its oil export capacity, the Islamic republic’s oil minister said. Speaking at an economic meeting in Teheran on June 4, Iranian Oil Minister Bijan Namdar Zanganeh said the capacity to produce and export crude and oil products has doubled thanks to the implementation of the […]
Special to WorldTribune.com Iran, which has refused to freeze its oil output, declined to attend a crucial OPEC meeting on the oil cartel’s production levels. Iranian Oil Minister Bijan Namdar Zanganeh said on April 16 that he would not only skip the Doha talks, but would not be a signatory to any deal he said […]
