Economy
Change in the Board of Directors of the National Industrial Steel Group of Iran with Two New Members
The National Industrial Steel Group of Iran underwent a change in its board of directors with the introduction of Mojtab...
Latest News in English
Oil and Petrochemicals
Oil Prices Rise to $101.63 Amid Supply Threats
Oil prices increased due to a storm in the Gulf of Mexico and Houthi attacks on Saudi Arabia. Brent crude reached $101.6...
Oil and Petrochemicals
OPEC Discussed Oil Market Stability with China and India
OPEC emphasized the importance of oil market stability and energy security in its recent meetings with China and India....
Oil and Petrochemicals
Explosion and Fire at Cardón Refinery in Venezuela
The fire at the Cardón refinery, which has a capacity of 955,000 barrels per day, halted the entire operation of the fac...
Oil and Petrochemicals
Venture Global's Achievements in the LNG Market Amid the Strait of Hormuz Crisis
Venture Global Inc. increased its net income by 266% amid the Strait of Hormuz crisis. The company has reached new agree...
Oil and Petrochemicals
Release of 100 million barrels of oil from G7 emergency reserves begins
G7 leaders have begun the release of 100 million barrels of oil to reduce prices following pressure from the President o...
Oil and Petrochemicals
Strengthening Natural Gas Cash Prices in the Permian Basin of Texas and New Mexico
Natural gas cash prices strengthened on Tuesday in most regions, with this increase being particularly evident in the Pe...
Oil and Petrochemicals
International Energy Agency to Review Release of 100 Million Barrels of Oil
The International Energy Agency will hold meetings on October 7 to discuss the emergency release of 100 million barrels...
Oil and Petrochemicals
U.S. Crude Oil Inventory Decreased by 2.09 Million Barrels in the Week Ending October 2
Crude oil inventory in the United States decreased by 2.09 million barrels in the week ending October 2. During the same...
Economy
Baltic Dry Freight Index Falls to Lowest Level in Six Weeks
The Baltic Dry Freight Index reached 3002 points, indicating a decrease of 2.2 percent. This decline is due to falling r...
Oil and Petrochemicals
Scorpio Tankers Orders Two New VLCCs Worth $270 Million
Scorpio Tankers has placed a new order for two VLCC tankers with a capacity of 306,000 DWT, valued at approximately $270...
Analysis
Europe in September: Main Destination for U.S. LNG with 76 Shipments
In September, 76 U.S. LNG shipments were sent to Europe and Turkey, representing 53 percent of total shipments. The Neth...