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Opec X2b News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Iran s oil exports hit 5-year high despite US maximum pressure

Data from OPEC revealed that in May, Iran reached 3 percent of the global oil market share.

Saudi arabiaEl palitoUnited statesSara vakhshouriDonald trumpJp morganUs state departmentInternational energy agencySaudi energyUnited stateSaudi energy minister prince abdulazizOil pricesOpec x2bMaximum pressureIran oil

Iran eyes new gas hub in cooperation with Russia, Qatar, Turkmenistan

Iran seeks to construct a new gas hub in the industrial zone on the Gulf coast in cooperation with Russia, Qatar, and Turkmenistan.

Saudi arabiaHaitham al ghaisPetroleum exporting countriesIranian petroleumSouth parsIranian petroleum minister javad owjiPersian gulfSecretary generalGeneral haitham al ghaisSanctions on iranOpec x2bIranian oil

Saudi output sends a splash, if not wave across oil market

This comes after oil prices rose on Monday as Saudi Arabia reduced output by a million barrels.

City ofUnited kingdomUnited statesHong kongSaudi arabiaStephen innesIpek ozkardeskayaTim watererSwissquote bankSaudi energyKarnes cityEnergy minister abdulazizOil pricesOpec x2bOil production

Tensions between Riyadh and Moscow on the rise due to oil prices: WSJ

A report by the Wall Street Journal shows that Saudi Arabian officials are disgruntled by Russia's oil production numbers and have pleaded with Moscow to reduce output as Riyadh seeks to push oil prices past the 80$ mark.

Rif dimashqUnited statesSaudi arabiaAr riyaAlexander novakHawiyah natural gas liquids recovery plantWall streetRussian deputy prime minister alexander novakOil pricesOpec x2bOil production

Food prices keep inflation high

Food inflation remained one of the biggest drivers of consumer price inflation for the seventh consecutive month in November.

South africaPaul makubeJohannes khozaCentral energy fundOrganisation of petroleum exporting countries opecPetroleum exporting countriesCentral energyReserve bankOpec x2bInterest rate hikePaul makubeBrent crude oil

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