Commercial oil stocks in the Organization for Economic Cooperation and Development rose by about 10 million barrels last October. According to the monthly report of the Organization of the Petroleum Exporting Countries - issued today, Monday - global oil stocks…
Continue ReadingOil prices turned more than 1% higher, during trading today, Friday, with Brent crude rising above $ 75, with prices heading to achieve their largest weekly gains since late August, supported by waning concerns about the impact of the new…
Continue ReadingThe Abu Dhabi National Oil Company (ADNOC) has developed an integrated strategy to promote growth in the field of drilling activities; To increase its production capacity of crude oil to 5 million barrels per day by 2030, and achieve self-sufficiency…
Continue ReadingOil prices deepened their losses by more than 1%, during trading today, Thursday, with the price of Brent crude, the benchmark, falling under the level of $75 a barrel. And the black gold was trading in the green range early…
Continue ReadingOil prices turned higher, in trading today, Wednesday, with US crude trading above $72, with the official data on crude inventories in the United States awaited. Investors are waiting to assess the full impact of the novel coronavirus mutated Omicron…
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