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Global Crude Oil Price Today October 1, 2024

Brent crude oil price up $ 71, 83 cents

1 year ago

1 October 2024

9:06 AM

Brent crude futures for December delivery edged up 13 cents, or 0.18%, to $71.83 a barrel as of 0615 GMT. U.S. West Texas Intermediate crude futures for November delivery gained 14 cents, or 0.21%, to $68.31.

India’s Fuel Exports Surge as European Supply Drops

1 year ago

1 October 2024

8:17 AM

Petroleum product exports from India have soared to the highest level in two and a half years as maintenance season in Europe is stoking demand for fuels from other sources.

Iran’s President Hails Long-Term Natural Gas Deal With Russia

1 year ago

1 October 2024

8:14 AM

The president of Iran Masoud Pezeshkian has hailed a long-term natural gas supply deal with Russia's Gazprom that will help the country turn into a regional gas hub, bne Intellinews reports, citing a statement during a visit by Russia's Prime Minister Mikhail Mishustin.

Tehran, Yerevan discuss establishing joint free zone in Armenia

1 year ago

1 October 2024

7:51 AM

Iran and Armenia are discussing ways to enhance economic cooperation, including establishing a joint free trade zone in Armenia, according to the Tehran Chamber of Commerce, Industries, Mines and Agriculture.

Global oil prices today September 30, 2024

Brent oil rose to $ 73, 10 cents

1 year ago

30 September 2024

9:20 AM

Brent crude futures gained $1.12, up 1.56% to $73.10 a barrel. U.S. West Texas Intermediate crude futures advanced 93 cents, or 1.36%, to $69.11 a barrel.

Pemex Ships First Fuel Export from New Olmeca Refinery to India

1 year ago

30 September 2024

4:11 AM

Mexico’s Pemex has shipped its first fuel export cargo from the newly constructed Olmeca refinery to India, after facing some delays and escalating costs.

Kuwait declares state of emergency over oil leak

1 year ago

30 September 2024

4:06 AM

Kuwait's national oil company has declared a state of emergency over an oil leak in one of its southwestern oil fields.

Iran’s export to EAEU members rises 16% in 5 months yr/yr

1 year ago

30 September 2024

4:02 AM

The value of Iran’s exports to the members of the Eurasian Economic Union increased by 16 percent in the first five months of the current Iranian calendar as compared to the same period last year, according to the head of the Islamic Republic of Iran Customs Administration.

Accidents Should Be Reduced to Zero

1 year ago

30 September 2024

3:59 AM

The CEO of the National Iranian Gas Company (NIGC), Saeed Tavakoli, emphasized the importance of reducing accidents to zero in the gas industry and prioritizing human capital.

Paknejad Condoles Hizballah Leader Martyrdom

1 year ago

29 September 2024

10:56 AM

In a message, Iranian Minister of Petroleum Mohsen Paknejad expressed condolences over the martyrdom of Seyyed Hassan Nasrollah.

Iran, South Africa stress expansion of energy cooperation

1 year ago

29 September 2024

2:59 AM

Iranian Energy Minister Abbas Ali-Abadi and South African Minister of Mineral Resources and Energy Samson Gwede Mantashe emphasized the expansion of energy cooperation between the two countries.

Renewable energy issues discussed in ICCIMA press conference

1 year ago

29 September 2024

2:58 AM

During a press conference held between the Energy Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture and Iran Renewable Energy Association, the issues related to the renewable energy sector were discussed.

Statistics Canada reports real GDP grew 0.2% in July

1 year ago

28 September 2024

3:31 AM

Statistics Canada says real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail trade sector.

India won’t buy from sanctioned Russian Arctic LNG 2 project, Indian oil secretary says

1 year ago

28 September 2024

3:29 AM

India will not purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which has been sanctioned by Western countries, Indian Oil Secretary Pankaj Jain said on Sept. 27, Reuters reported.

Iran proposes connecting power grid to Russia, UAE, Saudi Arabia

1 year ago

28 September 2024

3:27 AM

Iran's Energy Minister proposed cooperation among BRICS member countries, including Russia, Iran, UAE, and Saudi Arabia, at a meeting in Moscow.

30 countries announce readiness to invest in Iran

1 year ago

28 September 2024

3:24 AM

During a conference titled Iran Investment Opportunities, which was held prior to Iran Invest Expo, it was stated that 30 countries have announced their readiness to invest in Iran.

Global Crude Oil Price Today September 27, 2024

Brent crude oil prices rose to $ 71, 68 cents

1 year ago

27 September 2024

10:18 AM

Brent crude futures were up 8 cents, 0.1%, at $71.68 per barrel, as of 0840 GMT, while U.S. West Texas Intermediate crude futures were up 6 cents, also 0.1%, to $67.73.

India paid Russia billions for oil

1 year ago

27 September 2024

10:11 AM

India increased oil imports from Russia in 2024, retaining its main supplier status. Raw material payments increased by nearly $6 billion due to reduced discounts, freight costs, and higher oil prices.

US imposes sanctions against organizations and vessels associated with Iranian oil and gas supplies

1 year ago

27 September 2024

9:57 AM

The U.S. Treasury Department on Wednesday imposed sanctions on more than a dozen organizations and vessels over their involvement in Iranian crude oil and liquefied petroleum gas shipments to Syria and East Asia.

Iran and Tajikistan Underline Boosting Energy Cooperation

1 year ago

27 September 2024

4:15 AM

Iranian companies are prepared to enter the Central Asian oil industry's upstream and downstream activities, according to Iranian Minister of Petroleum Mohsen Paknejad and Tajikistan's Minister of Energy and Water Resources Daler Juma.

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Latest News of Oil, Gas and Petrochemical industry

BREAKING NEWS Feed Atom

Global Crude Oil Price Today October 1, 2024

Brent crude oil price up $ 71, 83 cents

India’s Fuel Exports Surge as European Supply Drops

Iran’s President Hails Long-Term Natural Gas Deal With Russia

Tehran, Yerevan discuss establishing joint free zone in Armenia

Global oil prices today September 30, 2024

Brent oil rose to $ 73, 10 cents

Pemex Ships First Fuel Export from New Olmeca Refinery to India

Kuwait declares state of emergency over oil leak

Iran’s export to EAEU members rises 16% in 5 months yr/yr

Accidents Should Be Reduced to Zero

Paknejad Condoles Hizballah Leader Martyrdom

Iran, South Africa stress expansion of energy cooperation

Renewable energy issues discussed in ICCIMA press conference

Statistics Canada reports real GDP grew 0.2% in July

India won’t buy from sanctioned Russian Arctic LNG 2 project, Indian oil secretary says

Iran proposes connecting power grid to Russia, UAE, Saudi Arabia

30 countries announce readiness to invest in Iran

Global Crude Oil Price Today September 27, 2024

Brent crude oil prices rose to $ 71, 68 cents

India paid Russia billions for oil

US imposes sanctions against organizations and vessels associated with Iranian oil and gas supplies

Iran and Tajikistan Underline Boosting Energy Cooperation