Iran increased its oil exports in June and July and could raise them further this month by offering a deeper discount to Russian crude for its main…
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Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according…
The Cuban ambassador in Tehran announced Iran’s help in controlling the fire in the Cuba’s oil tanks and appreciated the cooperation of the Iranian Ministry of Petroleum…
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday,…
Russian state gas company Gazprom (GAZP.MM) said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic metres…
Oil prices fell over 1% on Tuesday in volatile trading as economic data spurred concerns about a potential global recession, while the market awaited clarity on talks…
The ways of cooperation between Iran and the Republic of Mauritius in the energy sector were discussed during the meeting between Iranian Minister of Petroleum Javad Owji…
German households will have to pay almost 500 euros ($509) more a year for gas after a levy was set to help utilities cover the cost of…
Oil prices fell by more than $4 a barrel on Monday on demand fears as disappointing Chinese economic data renewed global recession concerns.
Brent…
The National Iranian Oil Company (NIOC) has increased the official selling price of all types of crude oil for export to Asian markets in September.
Iranian authorities announced that domestic contractors have finished pipe laying operation for a major natural gas project in the Persian Gulf despite the US sanctions.
German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on…
Saudi Arabia’s Kingdom Holding (4280.SE) invested in Russian energy groups Gazprom (GAZP.MM), Rosneft (ROSN.MM) and Lukoil (LKOH.MM) between…
State oil giant Saudi Aramco (2222.SE) on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices…
Tehran’s Embassy in Athens announced that the Iranian oil tanker and its cargo which was seized by Greece under US pressure is to head back to the…
Oil prices fell Friday, as uncertainty surrounding the market’s demand/supply balance prompted traders to cash in some of the week’s strong gains.
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Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand…
Russia’s Rosneft (ROSN.MM)said on Friday that fuel prices in Germany will likely jump if the PCK Schwedt refinery it owns alongside Shell
OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia’s invasion of…
Oil prices rose more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices…