Oil edged up on Wednesday, a day after prices fell through $100 a barrel for the first time since April, but gains were limited by caution ahead of US inflation data that could weaken the market.
Brent crude futures were up 45 cents, or 0.5%, at $99.97 a barrel. US West Texas Intermediate crude...
Iran's largest integrated three-phase transformer in Babol City, Mazandaran Province, has become operational, managing director of Mazandaran and Golestan Regional Electric Company said.
“The transformer will help solve the problem of voltage drop in large areas of Mazandaran, including Babol,...
The White House believes the Organization of Petroleum Exporting Countries has room to raise oil production, should an upcoming visit by President Joe Biden to the Middle East yield any agreements.
“We do believe there is a capacity for further steps that could be taken,” National Security...