Oil and Petrochemicals
Increase in Middle Eastern Crude Oil Exports and Its Impact on the Global Market
The Middle East, with its increase in crude oil exports, has had a significant impact on oil price fluctuations in the g...
Oil and Petrochemicals
Oil and Petrochemicals
Middle East Crude Oil Exports Reach Pre-War Levels
Crude oil exports from the Gulf of the Middle East, excluding Iran, reached 16.5 million barrels per day in September. T...
Oil and Petrochemicals
Zainab Ghaesari Elected as Head of the Petrochemical Committee of the Industries and Mines Commission
Zainab Ghaesari has been elected as the head of the Petrochemical Committee of the Islamic Consultative Assembly's Indus...
Oil and Petrochemicals
Amin Nasser's Warning About the State of Global Oil Reserves
Amin Nasser, CEO of Aramco, reported a decrease of nearly 3 billion barrels in oil supply due to the recent war. He also...
Oil and Petrochemicals
Resignation of Iran's Oil Minister Due to Export Slump
Iran's Oil Minister, Mohsen Paknejad, resigned for personal reasons. This move comes at a time when the Islamic Republic...
Oil and Petrochemicals
Japan has no plans to release oil from national reserves again
The Chief Cabinet Secretary of Japan announced that the country currently has no plans to release crude oil from its nat...
Oil and Petrochemicals
Decrease in Brent and West Texas Intermediate Crude Oil Prices Following Increase in Exports
Brent crude oil prices reached $101.7 and West Texas Intermediate at $90.20. The increase in oil exports from the Middle...
Oil and Petrochemicals
Mohsen Pak Nejad Resigned from the Ministry of Oil and Hamid Bord Became the Acting Head
Mohsen Pak Nejad resigned as Minister of Oil, and Hamid Bord was appointed as the acting head of this ministry. These ch...
Oil and Petrochemicals
OPEC Oil Price Decreases by 2.6% to $108.82
The price of OPEC oil reached $108.82 per barrel in the past five days, indicating a decrease of 2.6%. This price drop i...
Oil and Petrochemicals
Brent Oil Price Decreases by 2.83% to $100.6
Brent oil has decreased by 2.83% in the last five days, reaching a price of $100.6 per barrel. These fluctuations are du...
Oil and Petrochemicals
Oil Prices Drop Following Saudi Arabia's Price Cuts
The price of West Texas Intermediate (WTI) crude oil for delivery in November has decreased to $89.43 per barrel. The pr...
Oil and Petrochemicals
BP CEO Emphasizes Optimal Use of Shareholder Capital
BP CEO, Meg O'Neill, emphasized the necessity of improving the use of shareholder investments. These statements were mad...