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…
Continue ReadingIndian 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…
Continue ReadingMany 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…
Continue ReadingGold prices rose in trading on Monday to its highest level in more than a week, supported by the weakness of the dollar. The rise in gold prices came despite higher US Treasury yields, which limited gains in dollar-denominated bullion.…
Continue ReadingOil prices rose about 1% during trading on Monday, with the increase in demand in the United States for fuel and the scarcity of supply. This comes as Shanghai, the economic capital of China, is happy to reopen its doors…
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