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Tag: Oil

Iran Conflict and Stock Markets: Why Oil Is Rising and What It Means for Investors

News EditorialTeam -
The escalation of tensions between the United States, Israel and Iran moved within hours from geopolitical headlines directly into...

Yemeni rebels allow towing of damaged oil tanker Sounion

News EditorialTeam -
Yemeni rebels will allow the towing of the Sounion oil tanker that was damaged by their attack a week...

Gas price for the European market is close to this year’s high, exceeding 33 euros per MWh

News EditorialTeam -
The wholesale gas price for the European market for next month's delivery today exceeded €33 per megawatt-hour (MWh) and...

Asian TOP Brands: Saudi Aramco Keeps its Leadership

Business EditorialTeam -
21 May 2024 – Saudi Aramco stands firmly on the first position amongst the largest companies in Asia. Its market...

Oil prices fall after April US unemployment report

Commodities EditorialTeam -
Oil prices are falling after the unemployment report and are on track to post their biggest weekly loss in...

Saudi Arabian oil firm Aramco in talks to buy stake in Chinese refining firm

Business EditorialTeam -
Saudi Arabia's state-owned oil company Saudi Aramco is looking to expand operations in China. The company said today it...

Oil prices fall slightly due to possible ceasefire in Gaza Strip

News EditorialTeam -
Oil prices are slightly lower today. They are being pushed down by a possible ceasefire in the Gaza Strip....

Orlen to buy Kuwait’s KUFPEC assets in Norway for $445 million

Commodities EditorialTeam -
Polish energy group Orlen will take over KUFPEC Norway, the Norwegian division of Kuwait Foreign Petroleum Exploration Company (KUFPEC)....

Oil is falling due to worse economic prospects, Brent is below 93 dollars

Commodities EditorialTeam -
Oil prices on global markets are falling today, despite tight supplies due to production cuts in some countries. North...

Russia considers quotas on exports of petroleum products, wants to stabilize gasoline prices

News EditorialTeam -
According to state media, Russia does not rule out the introduction of quotas on exports of petroleum products, Russian...

Swiss approve carbon neutrality bill and higher tax in referendum

Economy EditorialTeam -
The Swiss have today approved in a referendum a climate bill aiming to achieve carbon neutrality by 2050. The...

Oil prices rise thanks to debt ceiling deal and US statistics

Commodities EditorialTeam -
Oil prices continue to rise strongly today. The debt ceiling agreement averted the threat of a default by the...

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