Oil prices of $65-75 per barrel were "comfortable" for consumers and that the OPEC+ group of leading oil-producing nations was striving to maintain that price range by regulating output, the head of Russia's No. 2 oil producer Lukoil said.
In an interview with the Kommersant newspaper published...
Oil prices were mixed on Tuesday, as some investors scooped up bargains following recent losses, while Saudi Arabia's sharp cuts in crude contract prices for Asia sparked fears over slower demand and weighed on sentiment.
Brent crude futures for November rose 31 cents, or 0.4%, to $72.53 a...
More than 115,000 tons of liquefied petroleum gas have been exported from the Siraf Pars Port on the Persian Gulf coast in the past seven months, the port operator said.
“Although the first jetty for loading and exporting LPG from Siraf Pars Port was officially inaugurated last month, its trial...