Saudi Arabia will make deep production cuts in July as part of a broader output-limiting OPEC+ deal as the group faces flagging oil prices and a looming…
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Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by a further 1 million barrels…
Roydad Naft News Agency – OPEC and its allies met on Sunday to try to agree further cuts in production, sources told Reuters, as the group faces…
Roydad Naft News Agency – OPEC+ talks in the Austrian capital Vienna dragged on as a fight with some African members kept an agreement on production from…
Roydad Naft News Agency – OPEC and its allies meet today in the Austrian capital Vienna to debate a new deal possibly adjusting countries’ output quotas and…
Roydad Naft News Agency – Iran’s OPEC Governor Amir Hossein Zamaninia on Saturday said “everything is on the table” for OPEC+ to make its decision on production…
Roydad Naft News Agency- OPEC and its allies are discussing deepening oil production cuts, possibly by as much as 1 million barrels per day, three sources told…
Roydad Naft News Agency – Iran’s Oil Ministry has proved that sanctions can be circumvented by exercising energy diplomacy, said a lawmaker.
Abdolali Rahimi…
India’s imports of Russian crude surged to a record high in May, with the country taking in 1.96 million barrels per day.
India imported…
Roydad Naft News Agency – The Canadian government is backing up to C$3 billion ($2.24 billion) in loans for Trans Mountain Corp (TMC), the crown corporation building…
Roydad Naft News Agency – Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world’s biggest oil consumer and jobs…
Roydad Naft News Agency – OPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall in…
Roydad Naft News Agency – China’s CNOOC Ltd, has begun production at the Buzios5 well off the coast of Brazil, the company said in a statement on…
Roydad Naft News Agency – Russian crude oil imports by China and India in May hit an all-time high as buyers gorged on discounted supplies, reducing demand…
Roydad Naft News Agency – OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices…
Roydad Naft News Agency – Top oil exporter Saudi Arabia may further slash the official selling prices (OSPs) for all crude grades to Asia in July, a…
Roydad Naft News Agency – The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil company while hoping to win over…
Roydad Naft News Agency – Iran’s oil minister on Tuesday said a gas contract will be signed with Turkmenistan soon and imports will begin in June.
Roydad Naft News Agency- Oil fell by nearly 2% on Tuesday as concerns about the U.S. debt ceiling pact cooled the market’s risk-on sentiment and mixed messages…
Roydad Naft News Agency- OPEC Secretary General, His Excellency Haitham Al Ghais, said that the OPEC family welcomes back the full return of Iran’s oil production to…