Indian companies expressed interest in investing in Farzad B oilfield which was approved by the Iranian president.

Brazil is interest in expanding relations with Iran and developing cooperation on advanced technologies.

Saudi Aramco. the world’s biggest oil producer. is moving to invest in refineries overseas to help lock in demand for its crude.

IEF is the biggest energy gathering being held biennially. and Iran is its active member.

Global benchmark Brent crude oil futures were trading at $70.78 a barrel at 0342 GMT.

Sinopec put in the request earlier this week after national oil company Saudi Aramco set higher-than-expected prices.

There is currently insufficient data on oil inventories in JODI’s databases.

Abe and IAEA Director General Yukiya Amano reached the consensus during their meeting in Tokyo on Tuesday.

Despite improved liquidity. funding costs will increase due to rising interest rates.

Iran'.s National Iranian Oil Co. is expected to release its OSPs for May-loading crude later this week.