Tag: expected
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Conflicting news about an expected setback for Russian oil and coal importers in India
Today, Thursday, May 4 (2023), it was reported that negotiations between Moscow and New Delhi on a bilateral trade settlement in Indian rupees are on hold, which constitutes a major setback for Russian oil and coal importers, but Russian officials quickly dispelled these allegations. They denied the allegations of suspending the rupee trade talks, describing…
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An expected decrease in the exports of the Kuwaiti Al-Zour Refinery after the closure of one of the units
It seems that the exports of the Kuwaiti Al-Zour refinery will witness a decline during the coming period, despite expectations of an increase in supplies to Europe and Asia to compensate for Russian fuel. The crude distillation unit at the refinery of the state-owned Kuwait Petroleum Corporation was closed due to a technical problem, according…
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An expected jump for Algerian liquefied gas exports with the support of the port of Skikda (photos)
Algerian liquefied gas exports are expected to witness a jump during the coming period, with the near completion of the Skikda oil port expansion project, which works to achieve the country’s strategic goals to increase hydrocarbon exports. In this context, the director of the Sonatrach complex, Toufik Hakkar, paid a working visit and inspected the…
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Anas Al-Hajji: Oil prices are collapsing because of “Silicon Valley”…and this is expected from OPEC +
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that oil prices collapsed with the collapse of Silicon Valley and Signature banks in the United States. This came during a new episode of the program “Energy humanitiesPresented by Dr. Anas Al-Hajji on Twitter, entitled “The Effects of the Saudi-Iranian Agreement on Energy Markets…and…
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Iraqi oil is expected to achieve a fiscal surplus of more than $24 billion in 2023
After setting the price of a barrel of Iraqi oil to be within the range of $65, the Oil, Gas and Natural Resources Committee in the Iraqi Parliament expected the country to achieve a surplus of more than $24 billion during the current year (2023). And the Oil and Gas Committee in the Iraqi Parliament…
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An expected decline in Saudi oil prices to Asia..Is Russian crude dangerous?
It seems that the competition in the Asian markets will become more difficult, with the spread of news that Saudi oil prices may witness a decline in Asia during the month of March next. Saudi Arabia (the largest oil exporter in the world) may resort to lowering the prices of crude grades to Asia for…
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An expected jump in Iranian oil production from 750 wells
Iranian oil received a new impetus as part of government efforts to boost production, in order to reach the target of 5.7 million barrels per day. Iran’s state oil company has awarded contracts worth $500 million to local companies to revive low-production oil wells in the country, according to the Iranian news agency Mehr. This…