Oil prices are falling in volatile trading.. Brent crude is near $112 Oil prices declined, during trading today, Tuesday, July 5, 2022, with increasing fears of supply disruptions, amid a possible production cut in Norway. Fears of a lack of…
Continue ReadingGas and coal prices continue to rise to record levels that will boost Australian revenues next year (2023), as it seems that the repercussions of the Russian invasion of Ukraine will not be enough to stand behind market volatility during…
Continue ReadingOil prices rose by more than 2%, during trading today, Friday, July 1, 2022, to compensate for most of the losses witnessed in the previous session. The rise came after it eased during morning trading, as supply disruptions in Libya…
Continue ReadingThe summit of the Group of Seven industrialized countries ended yesterday, Tuesday, June 28, by agreeing to consider setting a ceiling for the price of Russian oil as part of its efforts to pressure Russia and its retreat from the…
Continue ReadingGlobal energy consumption increased by 5.8% over the past year (2021), to exceed pre-corona epidemic levels, with the recovery of economic activity. The annual statistical review issued by the British oil company BP, which was seen by the Energy Research…
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