Brent crude futures were down 17 cents, or 0.2%, to $77.35 a barrel by 0620 GMT. West Texas Intermediate crude futures, were up 50 cents, or 0.7%, at $74.05 a barrel.
announced by Mohammad Rezvanifar, the head of the Islamic Republic of Iran Customs Administration, Iran has exported $19.5 billion of crude oil and fuel oil in the first five months of the current Iranian calendar year.
Brent crude futures were down 21 cents, or 0.3%, at $76.72 a barrel by 0815 GMT while U.S. West Texas Intermediate crude slipped 14 cents, or 0.2%, to $73.41.
On the 65th establishment day of Indian Oil Corporation Limited (IOCL), Union Minister of Petroleum and Natural Gas Hardeep Singh Puri lauded the company for its role in protecting Indian citizens from global fuel price hikes over the past three years.
CEO of the National Iranian Oil Company (NIOC) Hamid Bord has appointed Houtan Salari as the acting manager of the NIOC’s international affairs department.
Iran has issued a final notice to Pakistan, stating it must move the Paris Arbitration Court in September 2024 against Pakistan for failing to construct the IP gas project.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Tuesday highlighted Iran’s gifts and capacities, citing the country’s natural, abundant, and valuable resources, its strategic geographic location at the crossroads of the world’s major trading routes, along with its extensive coastlines.
The global price of crude oil today, August 30, 2024
Brent crude futures were up 39 cents, or 0.5%, at $80.33 a barrel by 0630 GMT. U.S. West Texas Intermediate crude futures gained 30 cents, or 0.4%, to $76.21.
KABIL and Oil India Ltd. signed a Memorandum of Understanding at NALCO's Bhubaneswar headquarters, signed by KABIL CEO Sadashiv Samantaray and OIL ED Ranjan Goswami.
Pakistan is in a diplomatic engagement with Iran to avert a potential fine over the completion of the Pakistan-Iran gas pipeline, which has faced many years of delays.
Iran's new oil minister Mohsen Paknejad appointed Hamid Boord as CEO of the National Iranian Oil Company (NIOC), Iran's oil ministry news agency SHANA reported on Thursday.
The global price of crude oil today, August 29, 2024
Brent crude futures slipped 7 cents, or 0.09%, to $78.58 a barrel by 0812 GMT, while U.S. West Texas Intermediate crude futures edged 1 cent lower, or 0.01%, at $74.51.
The global liquefied natural gas market is predicted to experience a supply glut, increasing production by 41% over the next four years, benefiting India's LNG availability at reasonable prices.
Iran and Turkmenistan signed a gas cooperation document today in Tehran in the presence of the Iranian President Masoud Pezeshkian and the National Leader of Turkmenistan Gurbanguly Berdimuhamedow.