Oil and Petrochemicals
West African Crude Oil Transactions Begin on Argus Open Markets Platform
The first West African crude oil transaction on the Argus Open Markets platform was conducted with a capacity of 950,000...
Oil and Petrochemicals
Oil and Petrochemicals
Increase in Crude Oil Prices and Diesel Crisis in the Global Market
The average price of Brent crude oil reached $105.79 in the week ending September 18, 2026. The diesel crisis and reduce...
Oil and Petrochemicals
Prediction of Diesel Price Decrease Following U.S. Export Ban
Goldman Sachs has predicted that the U.S. diesel export ban could lead to a 25-cent decrease in the price of each gallon...
Oil and Petrochemicals
Saudi Arabia's Key Oil Pipeline Begins Exports
Saudi Arabia's new pipeline has started operations with a daily capacity of about seven million barrels. Of this amount,...
Oil and Petrochemicals
Oil Giants with $53 Billion Profit in the Third Quarter
Five major Western oil companies recorded a profit of $53 billion in the third quarter of this year and reduced their de...
Oil and Petrochemicals
Oil price rises to $107.50 per barrel
Brent crude oil price increased by 3.22% to reach $107.50. These changes are influenced by geopolitical risks and a decr...
Oil and Petrochemicals
Brent Oil Price Rises by Over 3% in Monday's Trading
The price of Brent oil increased by more than three percent in Monday's trading. This rise is attributed to the positive...
Oil and Petrochemicals
Libya's National Oil Corporation Resumes Operations of Pipeline Connected to the Zawiya Terminal
Libya's National Oil Corporation announced the resumption of pumping operations in the pipeline from the Sharara field t...
Oil and Petrochemicals
Winter Fuel Supply for 8200 Households in Chaharmahal and Bakhtiari
About 8200 households in Chaharmahal and Bakhtiari lack natural gas, and their winter fuel is provided with kerosene. Mo...
Oil and Petrochemicals
Increase in the Price of Super Tankers Above New Ships
The boom in oil transportation in the Persian Gulf has caused the prices of some old super tankers to exceed those of ne...
Oil and Petrochemicals
Uninterrupted Export of Iranian Crude Oil at a Capacity of 4 Million Barrels per Day
The export of Iranian crude oil at a capacity of 4 million barrels per day continues without any interruption. This succ...
Oil and Petrochemicals
Record-breaking tanker charter rates exceed $600,000 per day
The charter rates for VLCC tankers have increased to over $600,000 per day and are approaching $1.5 million per day in t...