Iraqi 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 ReadingOil prices rose in trading today, Monday, at the beginning of the week’s trading, to continue reaping gains, in conjunction with the increase in demand for crude, and the energy crisis that hits a number of major economies. The rise…
Continue ReadingOil prices rose, during morning trading, today, Friday, and are heading to achieve weekly gains of nearly 5%, with the increasing shift away from gas in light of the increase in its prices. And oil prices rose by more than…
Continue ReadingPolitics The SPD received 25.7 % of the vote in the German legislative elections. The conservative CDU/CSU alliance finished second with 24.1 % of the vote, a record low after 16 years of Merkel's governments. Possible coalitions will be sought…
Continue ReadingNatural gas fits into China's strategies to diversify its coal-dominated energy mix, as it will contribute to its transition to carbon neutrality in hard-to-decarbonize sectors by 2060. A recent report - published by the international energy consultancy Wood Mackenzie -…
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