Oil and Petrochemicals
Oil Price Surge to $110 and the Impact of Ongoing Wars
Brent crude oil reached $110 on Friday night, and this increase continued until Saturday. Analysts attribute this surge...
Oil and Petrochemicals
Oil and Petrochemicals
Iran's Daily Crude Oil Production Reached 3 Million and 715 Thousand Barrels
Iran's oil industry has recorded a positive trend in economic instability and sanctions by increasing daily production c...
Oil and Petrochemicals
Oil Prices Reach Highest Levels as War Continues
The war between the United States and Israel with Iran will continue to drive oil prices up until 2027. The price of Bre...
Oil and Petrochemicals
Oil prices approached 110 dollars
Brent crude oil prices rose by three percent to the threshold of 110 dollars, and West Texas oil approached 99 dollars....
Oil and Petrochemicals
Expansion of the Fuel Emergency Card Identification Scheme Nationwide
The fuel emergency card identification scheme is being expanded to increase transparency and control in refueling. This...
Oil and Petrochemicals
Brent Oil Reaches $110 per Barrel
The price of Brent oil has reached $110 per barrel for the first time since May. Ongoing tensions in the Middle East and...
Oil and Petrochemicals
Increase in Tanker Charter Rates in September to Highest Level in Recent Years
VLCC tanker charter rates reached new records in September, witnessing a 98% increase compared to the previous month. Su...
Oil and Petrochemicals
The Number of Oil Drilling Rigs in the United States Remained Unchanged
The number of active oil and gas drilling rigs in the United States remained unchanged this week. However, the number of...
Oil and Petrochemicals
Brent Oil Price Reaches $110
The price of Brent oil for December delivery rose by 3.7% to $109.86 per barrel. Additionally, the price of West Texas I...
Oil and Petrochemicals
Trump's Oil Pricing Strategy Faces Two Major Tests
Two of Trump's decisions this week will determine energy risk; one of them is the lack of military intervention in the S...
Oil and Petrochemicals
Oil Prices Rise Following Iran's Attacks in the Strait of Hormuz
Crude oil prices have increased this week due to Iran's attacks on tankers in the Strait of Hormuz and a significant dec...
Oil and Petrochemicals
Continued Diesel Crisis Until 2027
The diesel crisis and its unprecedented prices will continue due to refinery constraints in the Middle East and Russia....