Iran to announce oil contracts in November – December

The Iranian government is determined to increase its oil production as it works towards regaining its past glory as the second biggest producer among OPEC members before U.S, E.U and U.N economic sanctions. Global oil prices have been dropping since Read more

Iran: Let’s unite to increase oil prices, President Rouhani

Iranian President, Hassan Rouhani, has divided the Organization of the Petroleum Exporting Countries (OPEC) into two categories: those that are for or against a reasonable oil price. He said countries that support an increase in prices can “neutralize” the threat Read more