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World price of Brent crude oil today, May 14, 2025

Brent crude futures fell 64 cents, or about 1 percent, to $65.99 a barrel. U.S. West Texas Intermediate (WTI) crude fell 64 cents, or 1 percent, to $63.03.
Head of Iran’s Trade Promotion Organization (TPO) Mohammad-Ali Dehqan Dehnavi met with Qatar’s Customs Authority Chief Ahmed Al-Jamal, on the sidelines of Iran Expo 2025, stressing the need to enhance commercial ties and develop trade infrastructure to increase bilateral trade volume.
The CEO of Hoveyzeh Persian Gulf Gas Refining Company announced development plans in the upstream sector aimed at ensuring stable feedstock for petrochemical plants. The company has prioritized capturing associated gas from the Darkhovein and West Karun gas fields.