Oil 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…
Continue ReadingThe production of jet fuel in China witnessed a sharp decline, during the month of April, as part of the price the country is paying in its fierce war against the Corona virus, which was born globally for the first…
Continue ReadingOil prices rose today, Wednesday, May 18, on expectations that the easing of restrictions imposed to combat the Corona virus in China will lead to a rise in demand, as industry data showed a decrease in US crude stocks. And…
Continue ReadingOil prices fell in early trading, today, Monday, May 16th; This limited investors' gains, due to concerns about supply at a time when the European Union is preparing to ban the import of Russian oil, and also with a limited…
Continue ReadingEquinor announced its sixth oil discovery on the Norwegian continental shelf this year, it said in a press release on its website on Monday. The new discovery comes in partnership with the Norwegian companies "Bigning Upstream" and "Longboat Energy" of…
Continue Reading
