Oil prices were broadly stable on Friday, retracing earlier losses, but were headed for weekly losses as concerns about a global economic slowdown weighed amid soaring inflation…
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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…
German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even though imports were down by 24.3%, official…
A recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general told Reuters, as he took a relatively optimistic view…
Oil prices gained about 3% on Thursday as robust U.S. fuel consumption data and an expected drop in Russian supply later in the year offset concerns that…
The first meeting of the Policy Council of the 16th Iranplast International Exhibition was held with an emphasis on the development of the export markets of polymer…
Iran’s gas production is not affected by the sanctions and National Iranian Gas Company (NIGC) is committed to curb gas flaring pollution, said the director of production…
Oil edged marginally higher after hitting a six-month low earlier on Wednesday, as markets weighed a steeper-than-expected draw down in U.S. crude inventories against rising output and…
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…
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…
Iran’s gas production is not affected by the sanctions and National Iranian Gas Company (NIGC) is committed to curb gas flaring pollution, said the director of production…
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…
In line with the goals of activating energy diplomacy by the Iranian Ministry of Petroleum, after a massive fire occurred in oil facilities in Cuba by lightning,…
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…
An economic expert said the Russians have signed oil and gas contracts with Iran in recent years and have fulfilled their commitments well, adding: “In my opinion,…
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…