Tag: Oil
Strait of hormuz closure unlikely amid global stakes – NPA boss
Amid escalating tensions in the Middle East, Chief Executive of the National…
OPEC+ agrees deep oil production cuts, Biden calls it shortsighted
OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an…
NPA Sanctions 7 Oil Companies
Some seven oil companies have been penalised by the regulator, National Petroleum…
Oil Climbs in Tight Market as U.S. Driving Season Looms
Oil prices rose in early trade on Monday with U.S. fuel demand,…
Oil Set For Fourth Weekly Gain Amid Tight Fuel Markets
Oil prices were up early on Friday, headed for a small weekly…
Is The Global Debt Bubble About To Burst?
The years between 1981 and 2020 were very special years for the…
Europe Looks To African Gas To Reduce Dependence On Russian Imports
Africa is conservatively forecast to reach peak gas production at 470 billion…
Oil jumps 3% as EU plans ban on Russian oil
Oil rose as the European Union proposed to ban Russian crude oil…
Oil Turns Positive on Supply Concerns, Economic Data
Oil prices reversed course to trade in positive territory on Monday on…
Oil Demand To Sink By 1.4 Million Bpd
Global oil demand will drop by 1.4 million barrels per day, according…