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Oil Price

Iranpress: Iran ranks first in world in terms of oil, gas reserves, official says

Iran ranks first in world in terms of oil, gas reserves, official says

Sunday, 03 April 2022 11:16

Tehran (IP) - The CEO of the National Iranian Oil Company says the oil production capacity in the country has reached the level before the sanctions and that Iran ranks first in the world in terms of oil and gas reserves.

Iranpress: World Newspapers: President to tap oil reserves in bid to cut gas prices

World Newspapers: President to tap oil reserves in bid to cut gas prices

Friday, 01 April 2022 20:58

Under growing pressure to bring down high energy prices, President Biden announced that the United States would release up to 180 million barrels of oil from a strategic reserve to counteract the economic impact of Russia’s invasion of Ukraine. 203

Iranpress: Yemen hits targets in Saudi Arabia

Yemen hits targets in Saudi Arabia's depths in large-scale op

Friday, 25 March 2022 21:08

Sana'a (IP) - Yemeni Armed Forces conducted a large-scale military operation in Saudi depths, which includes the successful targeting of Aramco's oil facilities.

Iranpress: Electric cars hard to find in US as gas prices skyrockets

Electric cars hard to find in US as gas prices skyrockets

Friday, 25 March 2022 14:33

Americans who are tired of skyrocketing gas prices and are thinking about the benefits of an electric ride find it challenging to find one in the market since the demand has outstripped the supply.

Iranpress: Gas price in Europe exceeds $1,350 as Russia sets payment for gas in rubles

Gas price in Europe exceeds $1,350 as Russia sets payment for gas in rubles

Wednesday, 23 March 2022 20:28

The gas price in Europe exceeded $1,350 per 1,000 cubic meters after the Russian president ordered to supply gas to "unfriendly countries" only for rubles, according to the London ICE exchange.

Iranpress: Famed investor warns of ‘recession or even worse’ in US

Famed investor warns of ‘recession or even worse’ in US

Wednesday, 23 March 2022 17:20

Famed investor Carl Icahn has warned of an economic downturn in the US, saying that there “very well could be a recession or even worse,” as inflation in the country is running at its highest level in 40 years.

Iranpress: TotalEnergies to stop buying oil from Russia

TotalEnergies to stop buying oil from Russia

Wednesday, 23 March 2022 13:46

The French oil and gas company TotalEnergies says it will stop buying oil from Russia by the end of the year.

Iranpress: Gas price in LA. Ca. inches toward 6 dollars per gallon

Gas price in LA. Ca. inches toward 6 dollars per gallon

Monday, 21 March 2022 15:34

The average price of self-serve regular gasoline a gallon in Los Angeles County, the most populous county in the United States, rose 1.6 cents Sunday to a record high of 5.982 U.S. dollars, its 26th consecutive increase.

Iranpress: Saudi Arabia committed to keeping global oil market stable

Saudi Arabia committed to keeping global oil market stable

Wednesday, 16 March 2022 18:31

Saudi Arabia is committed to keeping global oil market stable, visiting Saudi Arabian Foreign Minister said in Dhaka on Wednesday.

Iranpress: British PM arrives in Riyadh to discuss oil

British PM arrives in Riyadh to discuss oil

Wednesday, 16 March 2022 16:56

(IP)- The British Prime Minister arrived in Saudi Arabia on Wednesday at the head of a high-ranking delegation.

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