Roydad Naft News Agency – China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery…
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Roydad Naft News Agency – Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number…
Russian President Vladimir Putin said that decisions made by the OPEC+ group to cut oil production were “depoliticised” and were not related to what Moscow calls its…
Roydad Naft News Agency – Kuwait’s oil production capacity is above 2.8 million barrels per day now, and is expected to reach 3 million bpd in 2025,…
Roydad Naft News Agency – Energy diplomacy is one of the “strong points” of the 13th (Raeisi) administration, said an Iranian lawmaker on Sunday.
Roydad Naft News Agency – Russia may account for almost a third of India’s oil imports by the end of the current financial year, Arun Kumar Singh,…
Roydad Naft News Agency – Igor Sechin, head of the Russian energy giant Rosneft, said on Saturday that Russia is losing out to OPEC+ countries due to…
Roydad Naft News Agency – The deputy petroleum minister of Iran has said that the sanctions imposed on the Islamic Republic of Iran are considered a disruption…
Roydad Naft News Agency – Iran’s crude exports and oil output have hit new highs in 2023 despite U.S. sanctions, according to consultants, shipping data and a…
Roydad Naft News Agency – The Organization of Petroleum Exporting Countries (OPEC) commemorated its Diamond Anniversary (60 years) in Baghdad, Iraq.
Iraq’s Prime Minister…
Roydad Naft News Agency – The active diplomacy of Iran’s Ministry of Petroleum and the effective measures carried out by the 13th (incumbent) administration have led to…
Roydad Naft News Agency – Russia’s energy minister Nikolai Shulginov said on Friday that there was enough gasoline to meet Russian domestic demand, downplaying the possibility of…
Roydad Naft News Agency – Oil slipped on Friday as a weaker economic outlook and the prospect of further interest rate hikes dogged sentiment, outweighing a tighter…
Roydad Naft News Agency – A member of Iran’s Parliament on Thursday said oil and technical know-how export to Latin America shows that the 13th (incumbent) administration’s…
Roydad Naft News Agency – Daily rates for chartering a supertanker to carry oil from the Middle East to Asia have soared this week to the highest…
Roydad Naft News Agency – Russia does not object to OPEC+ revising its oil production baseline, Deputy Energy Minister Pavel Sorokin said on Thursday, according to the…
Roydad Naft News Agency – Kuwait Petroleum Corporation (KPC) sees continued good demand for oil from China in the second half of the year, its chief executive…
Tehran’s embassy opening in Riyadh is unlikely to impact Saudi Arabia, OPEC, or oil policies.
Still, rapprochement between the two countries could facilitate U.S….
Roydad Naft News Agency – Oil prices rose on Thursday after a plunge the previous day, as data showed a jump in refinery runs at the world’s…
Roydad Naft News Agency – The boost to oil demand from the post-pandemic recovery is set to end this year, the International Energy Agency (IEA) said on…