Tag: prices
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Russia is considering adopting Brent crude prices instead of Urals in accounting for oil companies
Russia is currently studying the adoption of Brent crude prices in the tax accounting of oil-producing companies, in an attempt to compensate for part of the losses incurred due to the European and American sanctions imposed on Russian oil. The Russian government is moving to adopt a new system in imposing taxes on oil producers…
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Novak: Russian oil is finding alternative buyers… and current prices are acceptable
Russian Deputy Prime Minister Alexander Novak confirmed that Russian oil production and exports are stable despite Western sanctions and price ceilings, as Russian oil finds alternative buyers under these circumstances. “Our companies have taken all the necessary measures – first and foremost – to find new supply chains, markets, and transport our oil,” Novak said,…
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Fuel prices in the UAE for the month of February 2023 are rising again
Fuel prices in the UAE for the month of February 2023 are rising again, after two months of declines. Today, Tuesday, January 31, the prices of gasoline and diesel in the UAE for the month of February 2023 were announced, and it is the decision that citizens and residents await on the last day of…
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Gasoline prices in Jordan for the month of February 2023 witnessed a surprise for citizens
Gasoline prices in Jordan for the month of February (2023) are scheduled to witness a new increase, after a significant decline in fuel prices during the current month. The decline in fuel prices in Jordan in January came as part of the country’s government efforts to control the anger caused by the recent large increase…
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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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Fuel prices in France are nearing a new record high
Fuel prices in France have continued to rise since the beginning of this year (2023), after the end of the discounts offered by the government and Total Energy, amid fears of the repercussions of the labor union strike again on January 31. The data – provided by the French government today, Monday, January 30, and…
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Fuel prices in China are falling again in conjunction with the increase in exports of gasoline and diesel
Fuel prices in China have fallen again, amid fears of a decline in domestic demand with the increase in coronavirus cases. Yesterday, Tuesday, January 17, the National Development and Reform Commission announced that, starting from midnight last night, the prices of oil derivatives in China will decline in most cities, according to the data seen…
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Fuel prices in Italy raise accusations of “violations” by Eni and ExxonMobil
Alleged violations of fuel prices in Italy have put Eni and ExxonMobil in the crosshairs, amid a steady rise in prices. Today, Monday, January 16, 2023, the Italian antitrust authority said that the offices of several oil companies, including Italy’s Eni and ExxonMobil’s Eso Italiana unit, were searched over alleged fuel price violations, according to…
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Will oil prices exceed $100 in 2023? Anas Al-Hajji answers
Energy platform editing advisor, energy economics expert Dr. Anas Al-Hajji, said that there are those who hope that oil prices will rise in the current year (2023) above the $100 level. Al-Hajji explained, during an episode of the program “Energy humanitiesHe presented it on Twitter under the title “Oil Markets Outlook for 2023,” that a…
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Gasoline prices in Sudan are recording a noticeable decline… and diesel prices are on the rise
Gasoline prices fell in Sudan during January, coinciding with the decline in average global oil prices. Gas stations in the capital, Khartoum, and all Sudanese states, in the early hours of this morning, Thursday, January 12, 2023, raised on their billboards the new fuel prices, which witnessed a significant decline in the price of gasoline…