The International Energy Agency raised its estimates of the growth of global demand for oil in the current and next year, noting that the current energy crisis may boost consumption. According to the monthly report issued today, Thursday; The agency…
Continue ReadingThe Organization of the Petroleum Exporting Countries has lowered its forecast for the growth of global demand for oil this year, as well as the expectations of oil supply from outside it. According to the organization's monthly report - issued…
Continue ReadingOPEC oil production rose by 0.5 million barrels per day during the past month, as the increase came with the rise in supplies in 3 countries. The monthly report of the Organization of Petroleum Exporting Countries, issued today, Wednesday, showed…
Continue ReadingIraqi Oil Minister Ihsan Abdul-Jabbar said that oil prices should stabilize around current levels, reflecting the market balance. Iraq is counting on the price of oil to reduce the budget deficit, as next year's budget is expected to witness an…
Continue ReadingAddressing climate change has become an urgent imperative on the agenda of global companies, not only to reduce carbon emissions and thus protect societies, but also to drive innovation that will benefit them as well. In this respect, companies play…
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