Page 22 - Arab Medium News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iran's President Hassan Rouhani said May 20 that a "main agreement" has been reached, with the US broadly committing to lifting its sanctions targeting Iran's oil, petrochemical, shipping, insurance and banking sectors, though final details have yet to be settled. US officials have been more circumspect, saying only that the four rounds of discussions so far have "crystalized" what steps each side still needs to take. With Iran scheduled to hold its presidential election June 18,...

Sanctions relief for Iran would pressure rival heavy crude, condensate producers Four rounds of indirect talks between the US and Iran have so far failed to achieve a breakthrough in negotiations to revive the nuclear deal, but rival producers and traders have been eyeing how the competitive landscape may shift if sanctions are lifted on Iranian oil sales. Most experts expect an agreement on the Joint Comprehensive Plan of Action to be reached within months, if not weeks, which could eventually bring some 2 million b/d of Iranian oil back to the market. Much of Iran’s production is of heavi...

13 hours Gasoline Shortages Still Lingering Post-Colonial Pipeline Hack 15 hours California Requires Most Uber And Lyft Trips To Be Electric By 2030 17 hours China Bans Teslas At Government Compounds 18 hours Tanzania, Uganda Finalize Oil Pipeline Deal 19 hours Six-Year High Margins Prompt U.S. Refiners To Boost Gasoline Production 1 day UAE: Oil Demand Has Already Increased To 95 Million Bpd 2 days Oil Demand Is Rebounding Fast In Europe 2 days Saudi Arabia Beats Ru...

OPEC’s output pledge music to ears of pandemic-hit Asian oil buyers The affirmation from OPEC and its allies that recovering demand had created conditions to boost output will offer relief to Asian oil buyers in the hope the move would ensure adequate supply and potentially prevent a sharp rise in prices at a time some economies are witnessing a resurgence of the COVID-19 virus. With the alliance betting on the fact that an improving demand outlook will outweigh the surge of coronavirus cases in India, Brazil, and Japan, analysts told S&P Global Platts that OPEC’s optimism stems from the ...

Singapore — The affirmation from OPEC and its allies that recovering demand had created conditions to boost output will offer relief to Asian oil buyers in the hope the move would ensure adequate supply and potentially prevent a sharp rise in prices at a time some economies are witnessing a resurgence of the COVID-19 virus. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now With the alliance betting on the fact that an improving demand outlook will outweigh the surge of coronavirus cases in India, Brazil, and Japan, an...