Commodities OPEC+ sees 3.1% global growth in ’24, oil demand up 1.6 mb/d Aya Anwar Dec 11, 2024 0 The Organization of the Petroleum Exporting Countries (OPEC+) has maintained a solid global economic outlook, with…
Energy OPEC+ revises ’24 oil demand, supply forecasts Aya Anwar Sep 10, 2024 0 The Organization of the Petroleum Exporting Countries (OPEC+) has slightly revised its 2024 global oil demand…
Energy India’s Russian oil imports surge in April Aya Anwar May 21, 2024 0 India experienced a notable surge in its imports of Russian oil in April, reaching a nine-month peak.
Energy Iraq remains committed to OPEC+ output cuts – minister Aya Anwar May 12, 2024 0 Iraq's commitment to the voluntary oil production cuts, as established by the Organization of the Petroleum…
Africa News Nigeria opens oil blocks for intl. investment Aya Anwar May 8, 2024 0 Nigeria has extended an invitation to international investors possessing both financial prowess and technical…
The Watch Oil drops in early Wednesday trade Aya Anwar May 8, 2024 0 Oil dropped to nearly their lowest level since mid-March, as attention turned to a somewhat bearish report on US…
Featured Saudi Aramco requested to cut max capacity target back to 12 mbpd Aya Anwar Jan 30, 2024 0 Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
Africa News Angola is leaving OPEC over output cut disagreement Yomna Yasser Dec 21, 2023 0 Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) as membership is not serving its…
Tech/AI OPEC+ panel keeps oil output policy unchanged Sama Mousa Aug 6, 2023 0 The OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
Tech/AI Kuwait to issue new port tender next week Sama Mousa Aug 1, 2023 0 Kuwait, the OPEC producer, is set to issue a new port tender next Tuesday and has invited companies for a meeting…
Tech/AI Kuwait to issue tenders for Mubarak Port Sama Mousa Jul 26, 2023 0 Kuwait is getting ready to issue new tenders for the completion of Mubarak Al-Kabeer Port, a Kuwaiti newspaper…
Tech/AI UAE: OPEC+ taking adequate measures for oil market stability Sama Mousa Jul 24, 2023 0 United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday that the OPEC+ is taking adequate measures…
Tech/AI TotalEnergies to start Iraq projects in a month – official Sama Mousa Jul 12, 2023 0 French TotalEnergies is set to start executing a $27 billion oil and gas contract with Iraq in a month, said an…
Tech/AI Gas projects to put an end to Iraq’s power crisis – official Sama Mousa Jul 11, 2023 0 Gas projects in the OPEC member Iraq are set to put an end to the country’s power crisis said an Iraqi official on…
Tech/AI Kuwait starts operation of Al-Zour refinery Sama Mousa Jul 6, 2023 0 Kuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last…
forex news Oil drops on doubts that output cut will be deep enough Yomna Yasser Dec 7, 2016 0 Oil prices slipped on Wednesday on persistent doubts whether a planned crude production cut led by OPEC and Russia…
forex news Dollar edges up as US yields resume rise Yomna Yasser Nov 30, 2016 0 The dollar pared earlier losses against the yen and euro and edged up on Wednesday, as U.S. debt yields resumed…
forex news Oil prices dip over scepticism ahead of OPEC meeting Yomna Yasser Nov 29, 2016 0 Oil prices fell early on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output…
forex news Oil prices static on uncertainty over planned production cut Yomna Yasser Nov 24, 2016 0 Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin…
forex news Oil prices static on uncertainty over OPEC-led production cut Yomna Yasser Nov 23, 2016 0 Oil prices moved little early on Wednesday with traders reluctant to dive in as uncertainty loomed over a planned…
forex news Oil prices climb in anticipation of planned OPEC-led production cut Yomna Yasser Nov 22, 2016 0 Oil prices rose to their highest level since October on Tuesday as the market priced in a potential output cut led…
forex news Oil prices climb on expectation of OPEC-led output cut Yomna Yasser Nov 21, 2016 0 Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply…
forex news Oil prices extend rally, shrug off US stock build Yomna Yasser Nov 16, 2016 0 Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude…
International News China becomes world’s Top Crude buyer despite Economy Stuttering Noha Gad May 11, 2015 0 China overtook the United States as the world's top importer of crude oil for the first time in April, and its…
forex news Oil Prices hit Fresh 2015 high on weaker Dollar, Libya Supply woes Noha Gad May 6, 2015 0 Oil prices rose more than $1 to fresh 2015 highs on Wednesday, continuing a month-long rally that has been…
forex news Oil down on U.S. Stock Build, record Saudi Output Noha Gad Apr 8, 2015 0 Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly increase in…