Tag: oil
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Fuel supplies in France are disrupted by the oil workers’ strike
Fuel supplies in France are experiencing a new disruption, after oil workers went on strike today, Thursday 26 January; Protesting the country’s pension reform. The strike continues for 48 hours at oil refineries in France, at the invitation of the oil branch of the General Confederation of Labor, in preparation for the second day of…
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The global price of a barrel of oil is witnessing a volatile session… and Brent is above $86 – (Update)
The global price of a barrel of oil witnessed a volatile session at the end of trading today, Wednesday, January 25 (2023), with the release of US inventories data, and amid hopes for increased demand. After prices fell by more than 1% during trading, US crude ended today’s session marginally higher, while Brent fell slightly.…
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Oil and gas exploration in Zimbabwe is achieving unprecedented results
Australian company Invictus Energy announced the success of its oil and gas exploration operations in Zimbabwe, as part of updating its results from its first well in the country. The company stated that after the completion of the operations of the Mokoyo-1 well, 13 potential areas for oil and gas extraction were identified from the…
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The global price of a barrel of oil has risen… and Brent crude is above $86
The price of a barrel of oil rose globally during trading today, Wednesday, January 25 (2023), amid hopes for increased demand. This comes amid optimism about the recovery of demand in China, the largest oil importer in the world, and expectations that the main producers will maintain the current production policy, which offset fears of…
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The global price of a barrel of oil is down 2%… and Brent crude is under $87 – (update)
The global price of a barrel of oil declined by more than 2% at the end of trading today, Tuesday, January 24 (2023), amid fears of a slowdown in the US economy. The oil markets had started the Asian trading on the rise, amid hopes for a recovery in demand for fuel from China, the…
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The global price of a barrel of oil has risen… and Brent crude is above $88 – (Update)
The price of a barrel of oil rose globally at the end of today’s trading, Monday, January 23, 2023; Brent crude rose above $88, with prospects for an economic recovery in China, the largest oil importer, this year. The oil markets had started trading on a decline amid limited trading due to the Lunar New…
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Oil reserves in Iraq are recovering by 6 billion barrels
Oil reserves in Iraq have achieved a significant recovery, with the addition of about 6 billion barrels of crude oil and 23 billion standard cubic feet of natural gas. Today, Monday, January 23, 2023, during his visit to the Oil Exploration Company, the Iraqi Oil Minister, Hayan Abdul Ghani, announced the addition of 6 billion…
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The global price of a barrel of oil is turning higher… and Brent crude is near $88 (update)
The global price of a barrel of oil turned upward, during today’s trading, Monday, January 23, 2023, with the prospect of an economic recovery in China, the largest oil importer this year. The oil markets had started trading on a decline amid limited trading due to the Lunar New Year holiday in East Asia, maintaining…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…
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The global price of a barrel of oil has risen… and Brent crude is above $86 – (Update)
The global price of a barrel of oil increased by more than 1% at the close of trading today, Thursday, January 19 (2023), amid fears of declining supplies. Oil markets compensated for the losses incurred earlier in the session, supported by expectations of an increase in Chinese demand, and more restrictions on Russian exports that…
