Oil
Oil prices and global developments affecting the energy sector.
China and Russia Seek to Reshape the Global Geopolitical Map: What Are the Measures?
In a move that reflects a deep strategic shift in global energy alliances, China continues to strengthen its partnership with Russia through giant energy projects, challenging American pressures and Western sanctions. These moves are not just transient commercial deals, but a redrawing of the geopolitical energy map of the world.
Oil Continues to Decline as OPEC+ Considers Increasing Production
Global oil markets witnessed a decline today, Thursday, September 4, for the second consecutive session, amid a state of anticipation among investors for the upcoming meeting of the OPEC+ alliance scheduled for early next week.
Sharp decline in oil prices exceeds 2% ahead of crucial OPEC+ meeting
Oil prices experienced a sharp decline on Wednesday, September 3, as they fell by more than 2% at settlement, influenced by expectations that the "OPEC+" alliance would discuss a new increase in production during its scheduled meeting next week.
The Syrian Minister of Energy Discusses Cooperation Opportunities in the Gas and Electricity Sectors with the Iraqi Kar Group
The Syrian Minister of Energy, Engineer Mohammad Al-Bashir, today, Wednesday, discussed with a delegation from the Iraqi "Kar" oil group ways to enhance joint cooperation in the fields of gas and electricity, as well as investment opportunities in vital energy projects within Syria, as part of efforts to strengthen regional partnership and develop energy infrastructure.
Rise in Oil Prices Supported by Supply Concerns Due to Military Escalation
Global oil prices saw a significant increase on Tuesday, September 2, amid growing market fears of supply disruptions due to the ongoing escalation of the war between Russia and Ukraine and its direct impact on energy infrastructure.
Sudan Halts Oil Production in Heglig After Drone Attacks
The Sudanese government has begun closing the Heglig oil facility following repeated attacks by drones, which have been attributed to the Rapid Support Forces.
Syria exports 600,000 barrels of heavy oil via the tanker "Nissos Christiana"
The Syrian Ministry of Energy announced today, Monday, the export of a massive quantity of heavy oil amounting to 600,000 barrels, which departed from the oil terminal in the city of Tartus, aboard the international tanker Nissos Christiana, for the benefit of the company "B Serv Energy".
Indian Oil Minister: Our Purchases of Russian Oil Contributed to Global Market Stability
In response to criticisms from American officials, Indian Oil Minister Hardeep Singh Puri confirmed that his country is not "seeking to make illicit gains" from Russian oil imports, noting that these purchases have effectively contributed to the stability of global markets.
Multiple pressures push oil prices down amid tariff threats and concerns of oversupply
Oil prices fell during trading on Monday, September 1, affected by investors' fears of the risks of increased global supply and the potential repercussions of U.S. tariffs on demand.
Khartoum accuses "Rapid Support" of attacking oil facilities in Heglig and escalating shelling on El Fasher
The Sudanese government .. The Rapid Support Forces launched an attack on vital oil facilities in the border area of Heglig, resulting in casualties among civilian workers.
Oil Prices Decline Amid Uncertainty in U.S. Demand and Developments in Russian Supplies
Oil prices witnessed a decline on Friday, August 29, at the end of a week that was heading towards a closing on a high note, amidst a state of uncertainty surrounding demand levels in the United States and the ongoing developments in the Russian supply scene.
The Ambitions of Oil Companies' Return to Syria Face Reality Challenges
In a move that reflects a shift in Syrian energy policy, Energy Minister Mohammad Al-Bashir received John Bell, the director of the British company "Gulf Sands", to discuss the company's return to operations in the country after a hiatus of more than a decade.