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Oil prices are rising.. Brent crude above $ 116

  • 26 May, 2022
  • 5:29 pm EEST

Oil prices are rising.. Brent crude above $ 116 Oil prices rose during trading today, Thursday, May 26, 2022, to continue their cautious rise this week, amid indications of a tight supply. It comes as the European Union is arguing…

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Gold prices are falling with the rise of the US dollar

  • 26 May, 2022
  • 3:29 pm EEST

Gold prices fell during trading today, Thursday, May 26, 2022, with the rise of the US dollar. The decline comes with the support of the signals shown by the US Federal Reserve policy meeting; The US central bank is likely…

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Oil prices raise Iraq’s cash reserves to 90 billion dollars by the end of 2022

  • 25 May, 2022
  • 3:45 pm EEST

Iraq is preparing to reap many profits from the rise in oil prices, which have been trading above the $100 per barrel barrier since the beginning of this year. Iraq expects that there will be no budget deficit, supported by…

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Indian crude processing increases in April as low-cost Russian oil boosts returns.

  • 24 May, 2022
  • 5:37 pm EEST

Indian crude processing increases in April as low-cost Russian oil boosts returns. According to government data released on Tuesday, Indian refiners' April crude oil throughput was 8.5 % higher year on year, as refiners ramped up runs to take advantage…

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Turkey uses Azerbaijani gas to face the energy crisis Through a deal to import 11 billion cubic meters for 3 years

  • 24 May, 2022
  • 4:05 pm EEST

Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…

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