Iran’s oil discount to China reaches its highest level in a year

Iran’s oil discount to China reaches its highest level in a year

As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.

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Oil prices fell

Oil prices fell

Oil prices fell on Tuesday amid concerns over the possibility of further interest rate hikes in the US, which could affect fuel demand, as well as a tropical storm approaching the US Gulf Coast region. According to Energy Press, oil prices fell on Tuesday (September 7th) due to concerns about the possibility of a further

Last year, 16 billion dollars worth of petrochemical products were exported

Last year, 16 billion dollars worth of petrochemical products were exported

Referring to the annual production capacity of 92 million tons of the country’s petrochemical industry, the Minister of Oil said: Last year, $16 billion worth of petrochemical products were exported. According to Energy Press, Javad Oji today (Monday, 6th of Shahrivar) during the ceremony of the official start of gas extraction from Phase 11 of

Sometimes some rumors are denied by the statesmen; But they are implemented

Sometimes some rumors are denied by the statesmen; But they are implemented

The representative of the people of Khuzestan in the parliament said about the rumor of the increase in the price of gasoline, that experience has shown that many times some rumors are strongly denied by the government, but it is not long before the same rumor is implemented in the society.According to the reporter of

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