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Iran oil sales

Iran’s last year oil revenues grow 11 times YOY despite sanctions

An official report released by the Iranian government on Wednesday suggests that Iran’s last year oil revenues rose by 11 times higher than that of a year earlier.

Energy

Iran easily exports oil despite sanctions: Minister

Iranian Minister of Petroleum Javad Owji said on Monday that despite the Western sanctions on Iranian oil industry, the country is exporting oil to customers without any problem.

Energy

How will Iran’s return to oil markets impact prices?

As efforts by Iranian negotiators and those of the world powers to revive a 2015 nuclear deal are getting over the finish line, there are many speculations about how a new potential deal could affect the global oil market.

Energy

Iran says ready to increase oil exports with removal of sanctions

Iranian Minister of Petroleum Javad Owji on Saturday reiterated Iran’s readiness to increase oil exports to previous levels as soon as the unilateral sanctions on the country are lifted.

Energy

Iran reports surge in oil revenues despite sanctions

After finding new customers for its oil, Iran has reported a significant surge in crude revenues despite US sanctions.

Energy

Iran raises prices for September crude deliveries

The National Iranian Oil Company (NIOC) has raised its crude oil prices for deliveries to Asian and European customers in September.

Energy

Iran says ready to export more oil if sanctions removed

Iranian Oil Minister Javad Owji has warned of a global energy crisis this winter as he says that Iran stands ready to increase its oil exports by a significant amount if sanctions are removed from the country.

Energy

OPEC chief highlights Iran’s stabilizing role in oil market

The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) says Iran is one of the most important founding members of the intergovernmental energy body and plays a significant role in bringing stability to the global oil market.

Energy

US may need to allow more Iran oil to flow even without deal: Vitol

Global crude trader Vitol Group says the United States may allow more sanctioned oil from Iran onto global markets even without reaching an agreement on the revival of the 2015 deal, amid growing pressure to reduce gas prices in America.

Energy

Iran’s two-month oil revenues up over 60% YOY

An Iranian official says the country’s oil revenues have increased by more than 60% in the two months to late May compared to the similar period last year.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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