Oil prices and global developments affecting the energy sector.
Homs Fuel Company announced today, Tuesday, June 17, the restart of the 6-inch petroleum products pipeline connecting the warehouses of Homs and Hama after a 14-year shutdown, with a transport capacity of 2600 cubic meters per day.
The city of Hasakah witnessed wide protests on Thursday evening, including the closure of dozens of commercial shops and blocking main roads, in rejection of the decision by "QSD" to raise the price of the electric amp from $7 to $20, an increase of about 200%
Oil prices witnessed an increase during trading on Friday, August 1, after dropping by over 1% in the previous session, amid traders' assessment of the potential repercussions of the new US tariffs, which could negatively affect economic activity
Saudi television reported today, Thursday, that the kingdom recorded a deficit of 34 billion riyals, equivalent to 9.06 billion dollars, in the second quarter of 2025, as its oil revenues reached 151 billion riyals.
Oil prices witnessed a limited decline during trading on Thursday, July 31, as investors focused on evaluating the risks of supply shortages amidst U.S. escalation towards Russia and China, along with the rise in U.S. oil inventories.
The pace of oil price increases calmed during Asian trading today, Wednesday, July 30, after rising by more than 3% in the previous session, as investors focus on potential developments regarding the short deadline announced by U.S. President
Oil prices saw a slight decline on Tuesday, July 29, influenced by the uncertainty surrounding global economic expectations, despite the recent trade agreement between the United States and the European Union
Oil prices witnessed a slight increase during Monday's trading on July 28, supported by the trade agreement between the United States and the European Union, and expectations of extending the tariff truce between Washington and Beijing, easing concerns about economic growth
The Syrian Minister of Energy, Engineer Mohammad Al-Bashir, signed today, Sunday, a memorandum of understanding with the Kingdom of Saudi Arabia to enhance cooperation in the field of energy, during a visit by the minister to the Kingdom.
Syrian Energy Minister, Engineer Mohammad Al-Bashir, chaired a specialized workshop on governance and institutional development organized by the Saudi Ministry of Energy, with the attendance of his deputies for oil, electricity, and water resources affairs.
Reuters revealed an official letter sent by Qatar to the Belgian government on May 21st, in which Qatari Energy Minister Saad al-Kaabi warned of the possibility of halting liquefied natural gas supplies to the European Union
The Syrian Energy Minister, Engineer Mohammad Al-Bashir, accompanied by a number of his assistants, visited today, Saturday, the Sudair Solar Power Station owned by "Acwa Power" company in the Kingdom of Saudi Arabia. The station is considered one of the largest in the region, covering an area of approximately 36 square kilometers and housing around 3.3 million solar panels, with a production capacity of up to 1.5 gigawatts.