Oil may extend rally

Opec cuts, US sanctions will continue to impact crude supply in Q2 Oil prices, which gained 30 per cent on average in the first quarter of 2019, are expected to continue the rally in the second quarter and likely to …

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Iran is losing regional and world gas market

TEHRAN, Mar. 09 (MNA) – Touching upon the necessity of Iran’s more active foreign and energy diplomacy to keep and increase its share in regional and world gas market, Omid Shokri believes Iran is even losing Turkey’s gas market. In …

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US Wants Europe to Use Qatar Gas Instead of Russian Supplies

The US wants European countries to find other gas suppliers to Russia, with resource-rich Qatar as a possible alternative. Deputy US Energy Secretary Dan Brouillette told Reuters that Washington was in talks with Doha to supply gas to Europe, and particularly countries that are …

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Iran to Export 1mn bdp of Oil Despite US Sanctions

Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC), the Persian Gulf nation’s Energy Minister Saad Sherida al-Kaabi announced. The decision to quit the bloc of 15 oil-producing countries that account for a significant percentage of the …

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