Oil and Petrochemicals
Oil Price Rises to $98.38 Amid Political Changes in America
Brent crude reached $98.38 and West Texas Intermediate (WTI) reached $90.65. This increase followed the Democrats' victo...
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Economy
Seyed Shojaoddin Emami-Raouf Announced That the Cost of Transporting Raw Materials in the Textile Industry Has Quadrupled
The transportation costs of raw materials in the textile industry have increased fourfold due to logistical disruptions...
Oil and Petrochemicals
Increase in Russia's Oil Subsidies to Highest Level Since 2022
Subsidies paid to Russian oil producers to maintain road fuels in the domestic market have reached their highest level i...
Oil and Petrochemicals
Ali Al-Zaydi Emphasizes the Development of Iraq's Oil Pipeline Network
Ali Al-Zaydi, in a meeting with representatives of the coalition of companies participating in the Iraq crude oil pipeli...
Oil and Petrochemicals
Diamondback Energy Abandons Plans for Increased Drilling Activity Next Year
Diamondback Energy, one of the largest shale producers in the United States, will refrain from significantly increasing...
Oil and Petrochemicals
Iraq Plans to Increase Oil Production to 10 Million Barrels per Day
Iraq is striving to increase its oil production to 10 million barrels per day by implementing new projects. The country...
Oil and Petrochemicals
The decline of oil and gas activities at Abern Port is rapidly increasing
Abern Port has announced that the decline of oil and gas activities at the port has accelerated. The port is moving towa...
Sports
Naft Abadan Industry Distances Itself from the Bottom of the Table with Victory over Shams Azar
The Naft Abadan football team, in the twelfth week of the Premier League, increased its points to 10 with a 1-0 victory...
Economy
Asia Hopeful for U.S. Midterm Election Results
Asian countries dependent on oil and gas imports hope that the results of the U.S. midterm elections will lead to the en...
Oil and Petrochemicals
15-Year Contract Signed Between Stak Energy and ExxonMobil for Gas Supply from North Slope Alaska
Stak Energy and ExxonMobil have signed a 15-year contract to supply gas to a new power plant in North Slope, Alaska. Thi...
Oil and Petrochemicals
Increase in Brent and West Texas Crude Oil Prices in Friday's Trading
Brent crude oil price reached $99.69 and West Texas crude oil reached $91.45. The oil market is on the verge of recordin...
Economy
Natural Gas Prices Rise Following Production Decline in Oil Fields
Natural gas prices rose on Thursday despite mild November conditions. This price increase is attributed to market opport...