MENA News Kuwait outlines $110b plan for 2050 net-zero target Aya El Sayed Oct 28, 2024 0 State-owned Kuwait Petroleum Corp. unveiled plans to achieve net-zero emissions by 2050, significantly ahead of the…
Commodities Oil prices drop 5% Aya Anwar Oct 28, 2024 0 Oil prices fell over 5 per cent as Israeli airstrikes on Iran over the weekend avoided key crude infrastructure,…
Energy Global shift to electricity may lower energy costs – IEA Aya El Sayed Oct 16, 2024 0 The world is entering an era of cheaper energy as a surge in electricity use reduces reliance on fossil fuels,…
Featured OPEC+ lowers ’24 global oil demand forecast Aya Anwar Oct 15, 2024 0 OPEC+ has revised its global oil demand growth forecast for 2024 downward by 106,000 barrels per day (bpd) to 1.9…
Commodities Oil down on Tuesday Aya Anwar Oct 8, 2024 0 Oil prices fell over 1 per cent on Tuesday as traders took profits following Monday's rally, driven by fears of…
Commodities Oil down on Monday Aya Anwar Oct 7, 2024 0 Oil prices dropped on Monday following their sharpest weekly increase in over a year, as concerns about oversupply…
Commodities Oil up on Wednesday Aya Anwar Oct 2, 2024 0 Oil prices surged over $1 on Wednesday due to escalating Middle East tensions following Iran's military strike on…
Commodities Oil down on Wednesday Aya Anwar Sep 18, 2024 0 Oil declined after a two-day rise as traders evaluated signs of increased US crude stockpiles, Middle East…
Money Morgan Stanley cuts Brent crude price forecast Yomna Yasser Sep 9, 2024 0 Morgan Stanley on Monday lowered its Brent crude oil price forecasts for the coming quarters, citing signs of…
News OPEC+ pauses oil output hike amid price slump Yomna Yasser Sep 5, 2024 0 The OPEC+ alliance has decided to temporarily halt its planned increase in oil production for two months. The…