MOSCOW, May 26. /TASS/. Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said on Monday, cited by the Ministry.

Tehran, May 24, IRNA - Venezuelan Minister of Petroleum Tareck El Aissami in a message appreciated Iran for fuel supply, saying energy cooperation will develop relations in all fields.

Baku, May 23, AZERTAC
Azerbaijani oil price has decreased on the world markets.
The price of a barrel of Azeri Light crude oil fell $1.31 to stand at $35.09.

Tehran, May 21, IRNA – Iran's Oil Minister Bijan Zanganeh said on Thursday that installation of the base of the first jacket of South Pars Field's Phase 11 shows that sanctions cannot stop developm

Tehran, May 20, IRNA – Governor of Central Bank of Iran Abdolnaser Hemmati said that Iran's non-oil exports are gaining momentum and booming after a downtrend in coronavirus cases in the country.

Tehran, May 17, IRNA – Government spokesman Ali Rabiei said on Saturday that trade between Iran and Venezuela, as two independent countries in the world, does not concern anyone in the world, addin

MOSCOW (Sputnik) - Oil from Arctic project Vostok Oil on the Taymyr Peninsula, the development of which started earlier in the day, is expected to be sold at a significant premium in the future,