Economy
Mohammad Vosali announced an 85% growth in self-sufficiency in the stationery industry
The Director General of the Office of Stationery at the Ministry of Industry, Mine and Trade announced the production of...
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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...
Oil and Petrochemicals
Increase in Gas Receipt in the Northwest Pipeline and Decrease in Gas Prices in Sumas
The return of the T-South system capacity of Westcoast Energy has led to an increase in natural gas receipt in Sumas, Wa...
Oil and Petrochemicals
Aramco Resumes Its East-West Pipeline After Attacks
Aramco has restarted its East-West pipeline with a capacity of 7 million barrels per day following recent attacks. This...
Economy
EU Pressure on Britain to Align Tariffs on Chinese-Made Cars
The European Union has asked Britain to align its tariffs on cars produced in China with its own tariffs. This move coul...
Oil and Petrochemicals
Crude Oil Trade Affected by Developments in the Strait of Hormuz and Diesel Shortage
The WTI crude oil market has been influenced by news regarding the reopening of the Strait of Hormuz and a diesel shorta...
Analysis
Trump Administration Continues Opposition to IMO Greenhouse Gas Emission Neutralization Framework
The United States government led by Donald Trump has reacted to the International Maritime Organization (IMO)'s efforts...
Oil and Petrochemicals
Saudi Arabia's crude oil transportation rate reaches a record $1.27 million
Saudi Arabia has increased the daily transportation rate of crude oil to $1.27 million by changing its oil flow route fr...
Oil and Petrochemicals
China's Oil Exports Reached 1.16 Million Barrels per Day in August 2026
China's oil exports reached their highest annual level of 1.16 million barrels per day in August 2026. In this month, oi...
Economy
Baltic Dry Index Rises to 3473 Units
The Baltic Dry Index increased by 1.2% to 3473 units, the highest level since September 11. The Capesize index also rose...
Oil and Petrochemicals
Ukraine Targets Two Russian Oil Refineries
Ukraine has announced that it has targeted two Russian oil refineries. These attacks come amid ongoing military tensions...
Oil and Petrochemicals
Brent crude oil price reached $105.12
The price of Brent crude oil reached $105.12 per barrel after the Houthi missile attack on Saudi Arabia. Concerns about...