World crude oil prices today, April 30, 2025
Brent crude futures fell $1.13, or 1.8 percent, to $63.12 a barrel. U.S. West Texas Intermediate crude fell $1.11, or 1.8 percent, to $59.31 a barrel.
NEWS Feed Atom
Abu Dhabi National Oil Company (ADNOC) will start replacing some of the liquefied petroleum gas it supplies to India with cheaper U.S. cargoes from June, industry sources said, as U.S.-China tariffs rejig global trade flows.
Iran’s first vice president announced that Iran is ready to cooperate with Niger in agriculture and energy, adding that the two nations can also share expertise in new technologies and artificial intelligence.
The Gas Exporting Countries Forum (GECF) expressed deep sorrow over the deadly explosion at Shahid Rajaee Port in Bandar Abbas of Hormuzgan Province offering condolences to Iran’s government and people.
India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2024 amid weaker demand from Chinese companies, according to LSEG and traders' data.
The deputy CEO of the National Iranian Drilling Company (NIDC) for drilling operations announced the drilling and completion of eight oil and gas wells using the company’s rigs during Farvardin (March 21–April 20), the first month of the Iranian calendar year.
Iran’s oil minister emphasized the country’s readiness to expand and strengthen bilateral cooperation in oil, gas, refining and petrochemicals during a meeting with Bolivia’s minister of energy and hydrocarbons.
World crude oil prices today, April 28, 2025
Brent crude futures fell 13 cents, or 0.19 percent, to $66.74 a barrel. U.S. West Texas Intermediate crude fell 12 cents, or 0.19 percent, to $62.90 a barrel.
Indian Oil GPS Renewables plans to invest Rs 1,200 crore in ten Compressed Biogas (CBG) projects across Uttar Pradesh, Haryana, Chhattisgarh, and Andhra Pradesh, marking a significant biofuel industry milestone.
Iran’s first vice president announced the country’s readiness to accelerate Africa’s industrial growth through petrochemical exports.
Iran has launched its annual overhaul of gas platforms at the South Pars field to ensure stable output during the high-demand winter months, a senior official said.
Persian Gulf Star Refinery is operating under safe conditions, and the explosion at Shahid Rajaee Port in Bandar Abbas of the southern province of Hormuzgan has no connection to the refinery’s oil storage tanks or facilities.
The manager of Karun Petrochemical Complex announced that the facility broke Iran’s monthly isocyanate production record over the past four years.
Arvand Petrochemical has significantly increased production of various PVC grades by addressing challenges and implementing development strategies, playing a key role in stabilizing Iran’s PVC market.
A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India's authorities to insure tankers shipping Russian crude oil to India, according to various sources familiar with the matter.
Iran plans to increase its crude oil production by 400,000 barrels per day (bpd) within the next eight months, according to the head of the National Iranian Oil Company (NIOC).
Iran’s oil minister highlighted the outcomes of the 18th meeting of the Iran-Russia Joint Economic Cooperation Commission, stating that the agreements reached outline a framework for long-term collaboration between the two countries. The Oil Ministry will vigorously pursue the practical implementation of these deals.
World crude oil prices today, April 25, 2025
Brent crude futures fell 41 cents to $66.14 a barrel. U.S. West Texas Intermediate (WTI) crude fell 36 cents to $62.43 a barrel.
The CEO of the National Iranian Gas Company (NIGC) emphasized the need to achieve the objectives of the Seventh Development Plan, announcing the start of negotiations and operational measures to connect to Russian gas supplies.
Traders and buyers have reshuffled tanker supply chains following the U.S. sanctions on Russia’s oil trade and shadow tanker fleet from early this year. China and India are taking in more Russian oil again in April.