Iran is set to boost its crude output next month and a deadline to bid for oil and gas fields has been pushed back, a top Iranian oil official was reported as saying Saturday, amid fears a recent missile test could lead to new U.S. measures that would deter foreign companies from investing in the nation’s petroleum. Despite the tensions, Iran’s oil-ministry news agency Shana reported Ali Kardor, chairman of state-run National Iranian...
Source: Wall Street Journal February 05, 2017 00:27 UTC