Posted: October 7, 2016
Oil climbed above $US50 a barrel in New York for the first time since June as declines in US crude inventories and OPEC's pledge...read more
Posted: October 4, 2016
Iran's total crude oil and condensate sales likely reached around 2.8 million barrels per day in September, two sources with knowledge...read more
Posted: October 6, 2016
Dr. Fereidun Fesharaki, chairman and founder of FGE, discusses the OPEC agreement, the price of oil and the future of the cartel....read more
Posted: October 2, 2016
Dr. Fereidun Fesharaki explains that OPEC could not afford to come up with no agreement on CNBC's Commodities Corner...read more
Posted: October 5, 2016
New contracts signed by Iran will help boost its total output to about 4 million barrels per day(bpd) and better rewarding investment...read more
Posted: September 30, 2016
Asian shares traded lower Friday as traders dialed back hopes for proposed oil-production cuts, and as Deutsche Bank worries...read more
FGE's new study provides a comprehensive perspective on the likely volume shifts expected to become apparent in the main oil products trade routes. It also identifies the main drivers of these changes and the implications for refining, products trading and shipping activities.
Despite being a major player in the global oil market and having a unique opportunity to be a regional and international gas player, international sanctions have pushed Iran into a much diminished role.