Egypt’s Al-Mashat urges private sector financing for clean energy
Egypt’s Minister of Planning and Economic Development, Dr. Rania Al-Mashat, emphasised the need for enhanced…
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International Energy Agency (IEA)
IEA cuts oil demand growth forecast to 900k bpd in ’24
The International Energy Agency (IEA) revised its global oil demand growth projections following a notable…
Asia’s crude oil imports hit two-year low
Asia's crude oil imports fell to their lowest level in two years in July, driven by weak demand in China and a…
Oil steady on Monday
Oil steadied after four weeks of gains, with Brent holding above $86 a barrel and West Texas Intermediate around…
Oil drops on Thursday
Oil dropped following a recent three-day gain, as investors assessed an unexpected rise in US crude reserves and…
Oil up on Wednesday
Oil prices surged as industry data indicated a decrease in US crude stockpiles before an IEA report on market…
OPEC+ forecasts robust global oil demand
OPEC+ reaffirmed its prediction of robust global oil demand growth for 2024, despite lower first-quarter usage,…
Clean energy spending to double fossil fuels in ’24 – IEA
Global spending on clean energy technologies is set to hit $2 trillion in 2024, almost double the $1 trillion…
Oil remains within narrow trading range on Wednesday
Oil remained within a narrow trading range on Wednesday as the International Energy Agency (IEA) revised down its…
China’s EV industry on shaky ground
China's electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace…
