$OPEC meeting marks the \'toughest test yet\' for Saudi-Russia energy alliance, analysts say$

OPEC meeting marks the 'toughest test yet' for Saudi-Russia energy alliance, analysts say

OPEC and non-OPEC members will meet in Vienna, Austria, on Thursday, with the aim of reaching an accord over possible output cuts in order to prop up tumbling oil prices. Crude futures have fallen more than 25 percent since climbing to a four-year peak in early October, amid intensifying oversupply concerns and worries over slowing economic growth.

Trump and Xi may reach a deal at the G-20, but it may not be something either wants, says Wells Fargo

U.S. President Donald Trump and China leader Xi Jinping will likely strike a deal at their G20 meeting, but "I don't think it's going to be the deal that either side wants," says Kirk Hartman, global chief investment officer at Wells Fargo Asset Management. "Both sides have so much at stake here that they going to reach some kind of agreement," Hartman told CNBC.

Putin ratifies interim agreement on EAEU-Iran FTZ

Russian President Vladimir Putin signed a law ratifying a agreement on formation of a free trade zone (FTZ) between Iran and the Eurasian Economic Union (EAEU).

NIDC drilled 126,000 meters of oil/gas wells in eight months

Tehran, Nov 28, IRNA - The National Iranian Drilling Company (NIDC) drilled over 126,000 meters of oil and gas wells over eight months from March 21-November 21.

Iran Projects beyond 1mbd Oil Exports in Next Year Budget

The spokesman for the parliamentary leadership, Behrouz Nemati, said Iran's crude exports were projected to be more than a million barrels per day next calendar year in the national budget bill.

No plans for Rationing Petrol: Min.

Iranian Minister of Petroleum Bijan Zangeneh said there were no plans for rationing petrol in the country.

Iran, South Korea to form joint barter trade fund

The head of the joint chamber of the Islamic Republic of Iran and South Korea proposed to draw closer economic relations between the two countries by forming a joint barter fund for commodities.

Accession to Eurasian economic treaty to serve as a chance for exports to Russia

Tehran, Nov 29, IRNA – Russia has accepted Iran membership in the Eurasian Economic Union Treaty for three years, thus Iranian exporters can utilize the special tariffs for exporting to the region, said the Head of Iran-Russia Joint Chamber of Commerce.

UIC to provide support for Iran to supply transport infrastructure

Isfahan, Nov 27, IRNA- Head of the Regional Assembly of Middle East Railways (UIC) said that Iran’s proposal for the establishment of a joint company to exploit by its member states will be raised in the upcoming summit and its general plan to provide transport infrastructure is supported.

US-China trade war could create winners in Southeast Asia: Bain & Co

The trade war between the U.S. and China is pushing many global companies to rethink their supply chains. Even if trade tensions eventually simmer, companies would still try and shift some of their supply chains to Southeast Asia, said Satish Shankar of Bain & Co. Bain predicts that as companies rethink their supply chains, small and medium enterprises in the region will adopt more technologies into their daily operations that could potentially unlock a $1 trillion opportunity.

$Trump says breaking with Saudi Arabia would send oil prices \'through the roof\'$

Trump says breaking with Saudi Arabia would send oil prices 'through the roof'

President Donald Trump says oil prices would go "through the roof" if the United States broke with Saudi Arabia. Trump issued a statement earlier saying he stands by the Saudi Arabia despite the killing of journalist and U.S. resident Jamal Khashoggi by Saudi agents last month. Trump is relying on Saudi Arabia to keep oil prices low after his administration restored sanctions on Iran.

Trump’s Choice: Iran Deal Model or North Korean Bomb?

Tehran, Oct 7, IRNA – Hossein Mousavian, former Iranian top nuclear negotiator, has commented on the US President Donald Trump’s potential decision on decertifying the Iran nuclear deal, saying Iran remained committed to the nuclear Non-Proliferation Treaty.

Tehran hosting 4 international expos

TEHRAN- The Iranian capital is simultaneously hosting four international exhibitions from October 25 to 28 at the Tehran Permanente International Fairground, IRIB news reported on Wednesday.

Iran, Panama, China, Hong Kong agree to inspect sunken oil tanker

Tehran, Jan 25, IRNA – Iran, China, Panama, and Hong Kong have signed an agreement to jointly investigate sinking of the Iranian oil tanker, Sanchi, in China's eastern waters.

Ninth Syria Peace Talks start in Vienna

Vienna, Jan 25, IRNA – The ninth round of Syria Peace Talks, hosted by the United nations and attended by the sides involved in the country's conflict, started in Vienna on Thursday.

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