Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combines with optimism that the Chinese economy is finally turning a corner.
ECONOMY Feed Atom
India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November, a tender issued on Thursday showed.
Iranian Vice President for Science, Technology, and Knowledge-based Economy Ruhollah Dehghani Firouzabadi has left Tehran for Havana to participate in the 2023 summit of the Group of 77 + China.
Roydad Naft – The Trans Mountain oil pipeline expansion could be delayed by up to nine months if regulators do not approve a route deviation request, the…
Roydad Naft – India’s road transport minister on Tuesday said he will propose an additional 10% tax on diesel vehicles and warned automakers of even higher levies…
Roydad Naft – India’s industrial output rose 5.7% year-on-year in July, data from the Ministry of Statistics showed on Tuesday.
Analysts in a Reuters poll…
Roydad Naft – Oil prices rose about 1% on Tuesday, boosted by a tighter supply outlook, and as producer group OPEC said major economies were faring better…
Roydad Naft – OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024 citing signs that major economies are…
Roydad Naft – Iran’s Energy Ministry has launched a specialized technology park to help develop knowledge-based activities at Iran’s water and energy sector.
The…
Roydad Naft – A delegation led by the secretary general of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has left Tehran for Istanbul on…
Roydad Naft – Iran’s 13th administration has paid special attention to the development of supplementary industries and the completion of petrochemical value chain, said the deputy oil…
Roydad Naft – The director of the 17th International Exhibition of Plastics, Rubber, Machinery and Equipment, commonly known as IranPlast International Exhibition, on Tuesday said the event…
Roydad Naft – Russian crude accounted for a bigger slice of the Czech Republic’s oil imports in the first half, state oil pipeline operator MERO said on…
Roydad Naft – Saudi Aramco has notified at least five North Asian buyers that it will supply full contractual volumes of crude oil in October, sources with knowledge…
Roydad Naft – Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to 10-month highs last week.
Roydad Naft – The trade exchanges between Iran and the United States grew by 26% in the first seven months of 2023 compared to the same period…
Roydad Naft – Iran’s exports of oil to China hit an all-time record in August despite continued US pressure on the country, according to a report published…
Roydad Naft – The loading and unloading of products increased by 9.7 percent in the ports of Bushehr province, in the southwest of Iran, during the first…
Roydad Naft – Iran’s vice president for parliamentary affairs on Sunday said oil sales, export growth, tax collection, and Productivity Law enforcement have increased the government revenue.
Roydad Naft – Everyone has an opinion on oil. Some think it is the only thing to blame for climate change. Others say using oil can just…