Brent crude futures rose 6 cents, or 0.07%, to $82.83 a barrel by 0953 GMT. U.S. West Texas Intermediate (WTI) crude futures were flat at $77.87.
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Iran’s oil minister said on Tuesday the development of the tourism industry can contribute to the country’s economy and reduce reliance on oil revenues.
Iran’s Deputy Oil Minister for Planning Affairs has said constructing petro-refineries across Iran is going to increase the country’s refining capacity by 30 percent, which is from 2.3 million barrels to 3.0 million barrels.
An Indigenous community in Alberta on Monday criticized Obsidian Energy for failing to address ongoing concerns about its operations after regulators said the Canadian oil and gas producer was responsible for a series of earthquakes.
The Organization of the Petroleum Exporting Countries is in talks with several countries interested in joining the wider alliance known as OPEC+, its secretary-general said on Monday.
Saudi Arabia decided to halt its oil capacity expansion plans because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare capacity to cushion the oil market.
Brent crude futures were 29 cents, or 0.4% lower, at $81.90 a barrel, while U.S. West Texas Intermediate crude futures were down 28 cents, or 0.4%, at $76.56 a barrel at 0746 GMT.
The head of the NIOC has said the company is going to ink contracts worth $14 billion with domestic companies for the development of the country’s oil and gas fields by the end of the current Iranian calendar year.
A member of the Iranian Parliament’s Plan and Budget Committee said the Oil Ministry has achieved “stunning” successes.
India's oil and gas sector is experiencing growth due to increased demand, strategic investments, and a shift from Russian crude imports, indicating a promising future for the nation's economic recovery.
Brent crude futures settled up 56 cents, or 0.7%, at $82.19 a barrel. U.S. West Texas Intermediate crude futures settled up 62 cents or 0.8%, at $76.84 a barrel.
Iran’s oil minister said 200 essential items have been produced by domestic manufacturers under the 13th administration.
February's oil and gas public offering in the province of Saskatchewan added more than $10 million to the coffers of the Canadian government.
India's Oil and Natural Gas Corp is in talks to restart its operations in Libya and to increase production in Venezuela, a company executive said on Friday.
Brent crude futures slipped 6 cents, or 0.1%, to $81.69 a barrel by 0851 GMT, while U.S. West Texas Intermediate crude futures rose 21 cents, or 0.3%, to $76.43 a barrel.
Iran’s Oil Minister Javad Owji paid a visit to an exhibition dubbed the “Narrative of Progress” in the northeastern city of Mashhad on Thursday.
India wants to sign a multi-year oil purchase deal with Guyana and acquire stakes in the South American nation's exploration areas, the Guyanese minister for natural resources said on Thursday.
Brent crude futures rose 35 cents, or 0.4%, at $79.56 a barrel at 0730 GMT. U.S. West Texas Intermediate crude futures climbed 31 cents, or 0.4% to $74.17 a barrel.
Russia’s ZN Vostok (ZNV) has invested more than $500 million in Iran’s oil projects, said the company’s managing director.