All News / Energy
Oil rises on fresh China stimulus, Mideast tensions...
24 Sep, 2024 11:24
52 min read
Oil prices increased due to China's monetary stimulus and escalating tensions in the Middle East, raising concerns about regional supply disruptions. Brent crude futures rose to $74.74 per barrel, while US WTI crude climbed to $71.29. Analysts noted that China's latest stimulus aims to combat economic slowdown, although sustainability of the price rally remains uncertain. Meanwhile, Israel's military actions against Hezbollah have heightened market fears of conflict in a key oil-producing region. Additionally, a hurricane threat is prompting US oil companies to evacuate personnel and pause production in the Gulf of Mexico....
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Energy
Egypt raises prices of household and commercial gas canisters as part of subsidies cut...
19 Sep, 2024 12:53
74 min read
Energy
Qatar sets Nov AI-Shaheen oil term price at highest in five months...
19 Sep, 2024 11:43
59 min read
Energy
Middle East renewable energy investments to reach $75.63 billion by 2030...
18 Sep, 2024 12:18
69 min read
Energy
Abu Dhabi DoE showcases latest policies and initiatives at WUC...
16 Sep, 2024 08:40
77 min read
