Iran encourages oil sales with euros to replace dollars

Oil Minister Bijan Zanganeh said crude oil supplies will be increased because European companies have requested hundreds of crude oil barrels per day (bpd) during President Rouhani’s visit to Italy and France. Total agreed to buy 160,000bpd while Eni is Read more

Libya: NOC warns oil dealers of Tobruk-created oil company

After reports in the beginning of the week that the national oil corporation created by the Tobruk-based government had signed an agreement with Egyptian General Petroleum Company (EGPC) for the supply of 2 million barrels of crude oil, the longtime Read more