Energy & Gas Markets
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Energy and Gas MarketsWTI crude drops to near $97.50 amid Russian sanctions exemptions
Written by: Basant El-Farmawy Crude oil prices witnessed a noticeable decline during Asian trading, as West Texas Intermediate (WTI) crude f...
Energy and Gas MarketsU.S. inflation data weighs on markets, expectations of a more hawkish Fed path
Written by: Karim Hammam Economic experts confirmed that the latest inflation data for September has added a completely different character ...
Energy and Gas MarketsGas demand drops in Spain amid energy price crisis
Written by: Suhaib Shams The Spanish industry is facing a new wave of pressure caused by rising energy costs, with industrial demand for nat...
Energy and Gas MarketsVenezuela aims to attract $76 billion for investment in the oil and gas sector
Written by: Ahmed Abdel Salam Venezuela seeks to inject huge investments into the oil and gas sector over the next five years, aiming to enh...
Energy and Gas Markets$5 Billion Gas Ring Project to Boost Central Asia Energy Security
Written by: Islam El-Sakka The energy sector in the Central Asian region is witnessing intensive discussions on a strategic proposal to esta...
Energy and Gas MarketsOil prices fall and Russian fuel exemption opens the door for Turkey
Written by: Fatima Younes Oil prices saw a decline at the start of the week's trading, affected by expectations of increased Russian fuel fl...
Energy and Gas MarketsOil prices fall globally after US decision to lift Russia sanctions
Written by: Basant El-Farmawy Oil prices witnessed a decline during today's trading, after recording high levels not seen since last May. Th...
Energy and Gas MarketsGulf oil flows return to 80% of pre-war levels
Written by: Basant El-Farmawy US Energy Secretary Chris Wright announced that oil flows from the Gulf region have recovered to about 80 perc...
Energy and Gas MarketsChina's oil production rises 2.2% in September
Written by: Salma Al-Saqqa Official data issued by the Bureau of Statistics showed that China's crude oil production recorded significant gr...
Energy and Gas MarketsEgypt considers relying on mazut to operate power plants at lower costs
Written by: Ahmed Abdel Salam Attention in Egypt's energy sector is turning towards studying new options to operate power generation plants,...
Energy and Gas MarketsGlobal oil prices decline at the start of trading
Written by: Islam El-Saqqa Global oil prices witnessed a notable decline at the start of the week, which helped ease upward pressure on fuel...
Energy and Gas MarketsAustralian shares set to decline as oil prices fall
Written by: Salma Al-Saqqa Australian shares are trending toward a decline at the start of the week's trading, influenced by the drop in oil...
Energy and Gas MarketsTrump and Zelensky tensions over Russian oil and Starlink
Written by: Islam Al-Saqqa International relations have witnessed shifts that caught the attention of global markets after reaching an unexp...
Energy and Gas MarketsOil prices fall with the easing of Russian sanctions and continued risks
Written by: Basant El-Farmawy Oil prices fell during Monday's trading, affected by the United States' decision to ease some sanctions and du...
Energy and Gas MarketsOil prices approach $110 and raise concerns for US agriculture
Written by: Basant El-Farmawy Global oil prices have recorded a notable increase, with Brent crude nearing the $110 per barrel mark, which h...
Energy and Gas MarketsAcquittal of accused in fake fuel case in India after 22 years
Written by: Suhaib Shams An Indian court in the city of Ghaziabad, located in the state of Uttar Pradesh, acquitted a person of charges rela...
Energy and Gas MarketsBrent drops below $110 with mixed market reaction
Written by: Basant El-Farmawi Global oil markets witnessed a noticeable decline at the beginning of the new week, as the benchmark Brent cru...
Energy and Gas MarketsGlobal oil prices experience fluctuations and settle near $110 per barrel
Written by: Bassant El-Farmawy Global energy markets recorded a state of disparity in performance at the beginning of trading, as indicators...
Energy and Gas MarketsGlobal oil prices decline amid market anticipation
Written by: Suhaib Shams Global oil prices witnessed a slight decline at the start of trading, affected by market developments and ongoing g...
Energy and Gas MarketsOil prices fall following Trump's decision to lift Russia sanctions
Written by: Basant El-Farmawy Global energy markets witnessed a decline in oil price levels, coinciding with developments related to promine...
Energy and Gas MarketsOil tanker explodes in Strait of Hormuz after hitting a naval mine
By: Islam El-Saqqa An oil tanker loaded with massive quantities of crude oil was struck by an explosion after colliding with a naval mine in...
Energy and Gas MarketsHidden shipping costs raise crude oil prices
Written by: Islam Al-Saqqa Hidden maritime shipping costs are creeping in, creating a massive financial burden added to the price of every b...
Energy and Gas MarketsUS Proposal to Increase European Purchases of Russian Gas to Support Peace
Written by: Fatima Younis Press reports revealed details of a proposed US peace plan to deal with the conflict in Ukraine, which includes ca...
Energy and Gas MarketsAlberta's Oil Province Referendum on Secession from Canada
By: Sohaib Shams Canada's oil-rich province of Alberta votes on Monday on a binding referendum regarding secession from the country, amid st...
Energy and Gas MarketsRevolutionary Guard: An oil tanker collides with a mine in the Strait of Hormuz
Written by: Salma Al-Saqqa The Naval Forces of the Iranian Revolutionary Guard announced a major maritime incident in the southern part of t...
Energy and Gas MarketsParliamentary discussions on energy and infrastructure in Castilla y León
Written by: Salma Al-Saqqa The Parliament of the Castilla y León region is preparing to discuss vital files related to the future of industr...
Energy and Gas MarketsFire on an oil tanker in the Strait of Hormuz after hitting a mine
Written by: Basant El-Farmawy The Strait of Hormuz witnessed a prominent maritime incident represented by the outbreak of a fire aboard an o...
Energy and Gas MarketsRepercussions of Closing the Strait of Hormuz on Global Energy Markets
Written by: Ahmed Abdel Salam The global economy faces increasing risks as a result of continued tensions in the Middle East, with the threa...
Energy and Gas MarketsThe Hidden Oil Transportation Cost of $40 Per Barrel
Written by: Fatima Younis Consumers heading to gas stations usually ignore the hidden costs that creep into the price of every barrel of oil...
Energy and Gas MarketsOil prices retreat as supplies stabilize amid Middle East tensions
Written by: Suhaib Shams Global oil prices retreated from their five-month high, despite continued military escalation in the Middle East, a...