Tag: Stocks
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What is the relationship between oil prices and stocks and reserves? Is it affected by the American filling? (a report)
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that oil prices are affected by commercial oil stocks, as a decrease in stock raises prices, and a high stock lowers them, but there are other factors. This came during an episode of “Energy humanitiesAl-Hajji presented it on Twitter, under the heading “Reserves, Stockpiles,…
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Stocks of international oil companies rise, supported by OPEC + cuts
Shares of major oil companies jumped during trading today, Monday, April 3, with the support of the voluntary production cuts announced by 9 OPEC+ countries, led by Saudi Arabia. The 9 countries announced voluntary cuts of more than 1.66 million barrels per day, starting next May, as a precautionary measure aimed at supporting the stability…
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Stocks of oil derivatives in Morocco are not enough for more than a month
Stocks of oil derivatives in Morocco are one of the most important issues that concern the government, in light of its dependence mainly on importing fuel from abroad. Despite the strenuous efforts to secure fuel for the local market, fuel stocks are facing severe shortages compared to the levels required by law. In this context,…