Oil prices rose more than 4% in trading today, Wednesday, to compensate for some sharp losses from the previous session. The price hike comes as investors await the OPEC+ meeting to discuss how to respond to the threat of lower…
Continue ReadingThe rise in natural gas prices in many parts of Europe has led to a revival of coal power plants and reaped huge profits, in contrast to European climate policies, which is a setback for efforts to reduce carbon emissions.…
Continue ReadingAfter two weeks of difficult negotiations and pledges and promises from governments, international companies and bodies, the COP26 climate summit came out, with a draft of the "Glasgow Climate Charter", which was signed by 197 countries, from large economies such…
Continue ReadingOil prices turned higher, during trading today, Thursday, with Brent crude exceeding the level of $ 83, with the release of the monthly OPEC report. Crude prices fell earlier in trading, on fears that accelerating inflation in the United States…
Continue ReadingChina has discovered huge reserves of shale oil estimated at more than 4 billion tons (29.168 billion barrels), which may play an important role in protecting the country's energy security. A unit of Sinopec announced the discovery of 458 million…
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