Brent were at $62.55 a barrel, WTI gained 13 cents, or 0.23%, to $56.62 a barrel.

“I should like to invite all the countries directly affected by the developments in the Persian Gulf and the Strait of Hormuz to the Coalition for Hope meaning Hormuz Peace Endeavor,” stated President Rouhani.

«Мы активно взаимодействуем в многостороннем формате, в том числе в рамках усилий по стабилизации рынка нефти, а также по линии Форума стран-экспортеров газа. Российские компании ТЭК имеют многолетнюю историю успешного взаимодействия с венесуэльскими партнерами» - добавил Министр.

At 419.5 million barrels, U.S. crude oil inventories are at the five year average for this time of year

Analysts have said the Trump administration remains unlikely to sanction a major Chinese entity, even as imports of Iranian crude continue, due to the impact on the global economy if the trade dispute between the two nations drags on.

Prime Minister Narendra Modi urged global businesses to “come to India” as his government seeks to build a $5 trillion economy by 2025.

Indian power utilities imported 28.70 million mt of thermal coal over April-August, up 28% from the same period a year ago

Nuclear reactors are the unsung heroes as we set out to respond to the climate change challenge. The need for nuclear energy has never been greater - there simply is no other energy source which can deliver deep decarbonisation within the necessary timeframes.

“On top of Japan’s commitment two years ago of investing or financing more than $10 billion in energy supply chains, we are making a fresh commitment of additional and collective $10 billion funding from both public and private sectors,” said Isshu Sugawara, Minister of Economy, Trade and Industry (METI)

Brent were down $1.05 cents at $62.05 a barrel, WTI dropped to $56.47 a barrel, down 82 cents.

The UN estimates that achieving the SDGs could generate some $12 trillion of value across the global economy, and create 380 million new jobs by 2030. But realizing this objective will take annual investments, across all sectors, of $5-7 trillion: currently, investment levels are falling far below that level.

the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Most of this growth comes from countries that are not in the Organization for Economic Cooperation and Development (OECD), and this growth is focused in regions where strong economic growth is driving demand, particularly in Asia.

To circumvent U.S. banking and financial sanctions, Iran’s rulers have built up a network of traders, companies, exchange offices, and money collectors in different countries,

Though trade between Venezuela and Cuba has not ceased amid sanctions, the flow of PDVSA’s oil has been insufficient to keep the Communist-ruled island well-supplied. Cubans have faced long lines at gas stations and for public transportation amid lack of vessels to receive imports.

The U.S. solar energy industry will add an additional 113,000 jobs and generate $87 billion in investment over the next decade if U.S. lawmakers extend the sector’s key tax credit, a report published on Tuesday said.