Saturday, June 23, 2018

Oil price to fall as market ‘drowns in over-supply’ $22 is the target

PARIS - The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to...

Iran-EU trade up 6% in 9 months

NEWsZENTS TEHRAN – Trade value between Iran and the European Union member states amounted to €5.597 billion in the first nine months of 2015,...

Iran: Inflation hits almost 14%

The inflation rate for the 12-month period ended on the last day of the seventh Iranian calendar month of Mehr (October 22) was 13.3...

Could Saudi Arabia Really Go Bankrupt?

In October 2015, the International Monetary Fund (IMF) warned Saudi Arabia that the country may run out of the financial assets needed to support...

Nigeria close to finding oil in Chad Basin – Kachikwu And what will Boko...

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said the country is on the verge of finding oil...

Breaking news: President Obama rejects keystone pipeline

Newszents.com NY. President Obama rejects any hope for keystone pipeline. It is not a silver bullet for the US economy.

European firm invests $6b in Iran’s power sector

TEHRAN- An European firm signed a deal with the Iranian Energy Ministry for making $6 billion investment in Iran’s power sector, Iran’s Government Spokesman...

Despite GOP Stand: TransCanada suspends its US permit on Keystone Pipeline

US President Barack Obama winks as he tells a joke about his place of birth during the White House Correspondents Association Dinner in Washington,...

Shell Failing to Clean Nigeria Oil-Spill Sites, Amnesty Says

Royal Dutch Shell Plc has failed to clean up four oil-spill sites in the crude-producing Niger River delta, three of which an under-resourced Nigerian...

Banks block five million customers’ accounts • No withdrawal without BVN –CBN

At least five million bank accounts were deactivated by Deposit Money Banks operating in the country on Saturday night following the October 31, 2015...