The 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) kicked off at Tehran Permanent International Fairground on Friday.
The 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) is scheduled to kick off on May 13 at Tehran Permanent International Fairgrounds, Shana reported.
The National Iranian Oil Company (NIOC) has raised the official selling price (OSP) for all its crude grades bound for Asia, the Mediterranean and Europe in an indication of Iran’s return to the market and rising demand for its oil.
The National Iranian Oil Company (NIOC) has increased its crude oil selling prices for Asian buyers in April amid a global surge in oil prices and after rival regional producer Saudi Arabia announced similar hikes earlier this month.
Iranian Oil Minister Javad Owji has said Iran’s oil exports are still on the rise despite the US seizure of Iranian tankers in recent months, Fars news agency reported.
Iran is expected to have a strong comeback to the global market in case the nuclear deal is revived and the U.S. sanctions on the country are lifted, Bloomberg reported on Thursday.
The top crude oil refiner in Japan declared it has plans to resume oil imports from Iran amid growing interest among Asian peers to follow the suit.
Negotiations are reportedly underway in South Korea between officials from Tehran and Seoul on the possibility of resuming oil trade in preparation for a potential US sanctions relief on Iran, Yonhap reported.
A new report showed that Iranian crude oil exports reached 1.2 million barrels per day in January despite continued American pressure on the country.
A report shows that Iran has been earning an average of around $1.3 billion per month in oil exports revenues despite sanctions imposed by the United States.