Tag: recorded
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Saudi Arabia’s imports of Russian diesel recorded a record jump
Saudi Arabia’s imports of Russian diesel reached a record level in May (2023), benefiting from the discounts offered by Moscow, after the European Union banned Russian exports of seaborne oil products on February 5 of this year, as part of a series of Sanctions in response to the war in Ukraine, which aim to reduce…
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The results of the UAE energy business in the first quarter of 2023 recorded profits of $ 3.16 billion
The results of the UAE energy business in the first quarter of 2023 recorded a significant jump in profits and revenues, supported by the growth of the company’s activity. And the Abu Dhabi National Energy Company announced that achieving strong financial results, during the first quarter of this year for the period ending on March…
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Saudi oil revenues in the first quarter of 2023 recorded $46.6 billion
Saudi oil revenues in the first quarter of 2023 were affected by the decline in crude prices, as they recorded a decrease of about 3% compared to the same period of 2022. Official data revealed that Saudi Arabia’s income from oil revenues in the period from January to the end of March (2023) recorded 178.6…
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Saudi oil revenues in the first quarter of 2023 recorded $46.6 billion
Saudi oil revenues in the first quarter of 2023 were affected by the decline in crude prices, as they recorded a decrease of about 3% compared to the same period of 2022. Official data revealed that Saudi Arabia’s income from oil revenues in the period from January to the end of March (2023) recorded 178.6…
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Oil and gas revenues in the Sultanate of Oman recorded $4.3 billion at the end of February
Oil and gas revenues in the Sultanate of Oman increased during the first two months of this year, compared to the same period in 2022, supported by higher prices. The oil and gas sector supported the Sultanate of Oman’s budget by about 1.674 billion riyals ($4.34 billion) by the end of last February, according to…
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Gasoline prices in Jordan for the month of April 2023 recorded the first decline in 3 months
Gasoline prices in Jordan for the month of April 2023 are scheduled to witness the first decline in 3 months, after stabilizing during this March, following their rise in February. The decline in fuel prices in Jordan next month coincides with the decline in average prices of crude oil and derivatives during this March, compared…
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Crude oil prices recorded a weekly loss of 13%… and Brent is under $73 – (update)
Crude oil prices fell, at the end of trading today, Friday, March 17 (2023), with fears of an economic recession, to record strong weekly losses of about 13%. Crude prices rose in early trading, supported by Saudi Arabia and Russia’s assurances of their commitment to the OPEC + decision to reduce oil production by two…
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Fuel prices in Morocco recorded a limited decline
Fuel prices in Morocco recorded a slight decline in most gas stations in the country, in conjunction with the decline in global oil prices last February. Despite the decline, gasoline and diesel prices in Morocco are still higher than their levels during the same period in March (2022), when oil prices reached record levels against…
