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Oil prices reach their highest level in two months, and Brent crude is near $120

• 30 May, 2022
• 2:53 pm EEST

Oil prices reach their highest level in two months, and Brent crude is near $120 Oil prices rose in trading today, Monday, May 30, 2022, recording their highest levels in more than two months before the European Union meeting on…

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Blue hydrogen investments in Britain risk energy security Production cost is 36% higher than government estimates

• 27 May, 2022
• 3:18 pm EEST

With natural gas prices soaring, blue hydrogen is no longer a low-cost solution for the UK, but the focus on it is jeopardizing the country's energy security amid the current supply crunch from Russia's invasion of Ukraine. A recent report…

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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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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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