Tag: role
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The Russian war against Ukraine is changing the energy landscape.. What is India’s role? (article)
Read in this article The war provided unexpected opportunities for India to increase its purchases of Russian oil at a discount European Union officials have grown increasingly concerned about the rise in the shadow fleet carrying Russian oil India’s role in the global oil market is becoming increasingly prominent Russia’s federal budget revenues from fossil…
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The UAE Minister of Energy reveals the role of OPEC + in facing oil market speculation
The UAE Minister of Energy, Suhail Al Mazrouei, stressed the importance of the role of the OPEC + alliance in controlling the stability of global oil markets. In order to achieve the common interest of consumers and producers. He said that the Organization of Petroleum Exporting Countries “OPEC” and its allies outside the organization “OPEC…
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Diesel prices in the United States continue to decline, and an important role for Middle Eastern exports
Diesel prices in the United States continued their continuous decline since the beginning of this year (2023), to record levels lower than the numbers recorded before the Russian-Ukrainian war. Low-sulphur diesel futures prices have been in continuous decline since January 2023, through May 2023, when the average price fell $0.50 a gallon below February 2022…
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Europe gets rid of the shackles of Russian diesel… a prominent role for Saudi Arabia
It seems that Europe’s crisis to find alternatives to Russian diesel has ended, with the entry of new countries into the line of vital supplies for the main sectors. Diesel exports to Europe from countries other than Russia recorded a remarkable rise, and total shipments to the old continent of diesel and red diesel are…
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UAE Energy Minister: The oil market faces challenges in 2023..and this is the role of OPEC + (video)
The UAE Minister of Energy, Suhail Al Mazrouei, confirmed that the global oil market faces several challenges during the current year (2023), most notably the lack of investment. And he stressed, in press statements on the sidelines of the World Government Summit – hosted by the UAE – the need to pump new investments in…
