The National Iranian South Oil Company, the Iranian Offshore Oil Company and Iran Central Oil Fields Company -- all subsidiaries of the National Iranian Oil Company – signed contracts with domestic oil and gas firms on Monday to develop eight oilfields.
According to ILNA, production, maintenance...
Brent crude oil prices fell by $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns in Europe and new curbs on movement in China, the world’s second-largest oil user, where infections jumped.
Brent crude oil futures were down 78 cents, or 1.4...