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…
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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…
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…
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…