Oil prices rose during trading today, Wednesday, June 1, 2022, after European Union leaders agreed on a partial and gradual ban on Russian oil, coinciding with China ending its closure due to Covid-19 in Shanghai. Oil prices had concluded yesterday's…
Continue ReadingThe dollar is strengthening as inflation fears dampen risk sentiment. The US dollar rose across the board on Tuesday as Treasury yields rose and investors' risk appetite was dampened by concerns about a further acceleration in global inflation. The dollar…
Continue ReadingEgypt's gas export revenues recorded a big jump during the first four months of this year, compared to the same period last year. Data from the Ministry of Petroleum revealed that the value of Egypt’s exports of natural and liquefied…
Continue ReadingOil 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…
Continue ReadingWith 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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