Roydad Naft News Agency – China is both the biggest driver of future demand for crude oil, and the biggest risk to global refining as it will…
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Roydad Naft News Agency – U.S. crude oil stockpiles posted a surprise large build last week, while gasoline and distillate inventories gained more than expected, the Energy…
Roydad Naft News Agency – Oil investors appear to be adjusting expectations for tight crude supplies later this year, with the gap between nearer-term and further prices…
Roydad Naft News Agency – Oil prices reversed course to trade slightly lower on Wednesday as an unexpected, large build in U.S. crude oil outweighed bullish demand…
Roydad Naft News Agency – Iran has marked its latest achievement in the oil refining industry with the unveiling of a residue fluid catalytic cracking (RFCC) catalyst…
Roydad Naft News Agency – Iran’s crude oil production increased 61,000 barrels per day (bpd) in May compared to the previous month to reach 2.679 million bpd,…
Roydad Naft News Agency – Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s plunge.
But gains…
Roydad Naft News Agency – OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday, though the producer group warned…
Roydad Naft News Agency – Germany has imported a significant shipment of crude oil or petroleum products from Iran for the first time in five years, according…
Roydad Naft News Agency – Iran and Venezuela here on Monday signed several contracts to cooperate in the oil sector.
Iran’s Oil Minister Javad…
Roydad Naft News Agency – The United States is about to start unloading crude from a tanker allegedly used to carry Iranian oil abroad, the FT has
Roydad Naft News Agency – Venezuela’s state energy company Petroleos de Venezuela PDVSA has resumed operation at the catalytic cracking unit at the El Palito refinery, a…
Roydad Naft News Agency – China’s Unipec, the trading arm of top Asian refiner Sinopec, has emerged as a major seller of August-loading Oman crude this month,…
Roydad Naft News Agency – Saudi Arabia’s unilateral crude production cut of 1 million barrels per day for the month of July announced at the end of…
Roydad Naft News Agency – Oil prices fell on Monday ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite for further rate…
Roydad Naft News Agency – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean…
Roydad Naft News Agency – Iran’s Oil Minister Javad Owji on Monday began a tour of Latin America.
Accompanying President Seyyed Ebrahim Raeisi, the…
Roydad Naft News Agency – A member of Iran’s Parliament on Sunday praised the Oil Ministry’s economic and energy diplomacy.
Seyyed Mousa Mousavi, a…
Roydad Naft News Agency – Indian Oil Corporation (IOC), the nation’s largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd…
Roydad Naft News Agency – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Sunday that the latest OPEC+ agreement involved comprehensive reform, but that the…