Russia imposed a six-month gasoline export ban starting on March 1 to stabilise prices due to increased …
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OPEC
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Oil continued its decline after experiencing a weekly drop, as traders awaited new indications regarding global demand.
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FeatureIndustry & Trade
Oil tanker crisis intensifies as Red Sea attacks divert trade
by Aya El Sayedby Aya El SayedThe oil tanker industry’s old warnings about a shortage of new ships are now impacting the market …
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FeatureIndustry & TradeInternational NewsNewsThe Watch
Oil prices surge amid Red Sea tensions
by Nada Aliby Nada AliOil prices rose in Asian trade on Wednesday due to concerns about attacks on shipping in the …
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forex newsThe Watch
Oil falls early Thursday amid large US crude stockpiles
by Aya Anwarby Aya AnwarOil prices fell on Thursday, following a greater-than-expected increase in U.S. crude inventories, which raised questions about …
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Oil prices increased slightly as traders anticipated the Organization of the Petroleum Exporting Countries’ (OPEC+) market outlook.
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FeatureIndustry & TradeMiningTech/AI
Iraq’s output will not exceed 4mln bpd
by Aya Anwarby Aya AnwarIraq is committed to producing no more than 4 million bpd following the announcement of its second …
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Saudi Aramco, the state oil behemoth, is currently negotiating investment opportunities with Indian firms, as stated by …
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Featureforex newsInternational NewsNewsThe Watch
Oil prices rise after OPEC+ keeps policy change off agenda
by Nada Aliby Nada AliOil prices rose slightly on Thursday after OPEC+ sources said that the producer group’s meeting left production …