Olive oil prices in the world’s largest producer, Spain, have fallen to half their record levels, with representatives of the Spanish market estimating that “one of the most difficult times in the history of the sector seems to be coming to an end”. A prolonged period of extreme weather and drought in southern Europe has … Read more
Oil prices fell more than $2 a barrel on Monday after China‘s stimulus plan disappointed investors looking for increased fuel demand in the world’s second-biggest oil consumer and as the U.S. dollar edged higher. Brent crude futures fell 1.94% while US WTI Y futures fell more than 2%. It recalls that both benchmarks fell more … Read more
Houston. More than a quarter of US oil production and 16 percent of natural gas production in the Gulf of Mexico remained paralyzed after Storm Rafael, the US offshore energy regulator reported on Sunday. The Bureau of Safety and Environmental Enforcement (BSEE) reported that 482,790 barrels of oil and 310 million cubic feet of natural … Read more
Friday November 15, 2024 at 08:45 Automobile: The EU is imposing strict quotas on thermal cars from 2025, threatening manufacturers with heavy fines. Several countries, including… Thursday November 14, 2024 at 10:30 p.m. Closing price: Oil prices hesitated on Thursday, ending up thanks to a technical rebound but still weighed down… Thursday November 14, 2024 … Read more
Most stock markets in the Gulf region fell at the close on Tuesday, due to the decline in oil prices and investors remained cautious ahead of US economic data and statements by officials from the Federal Reserve. the US this week. The Saudi market index fell by 0.5 percent, affected by a 1.4 percent drop … Read more
The poet and poet Dmitry Sukharev (real name Sakharov), who wrote the lyrics to the song “Alexandra” from the movie “Moscow Does not Believe in Tears”, has died. Sukharev was 94 years old. The poets Tatyana and Sergei mentioned his death Nikitin on his page and his poet Alexander Pravikov. Dmitry Sukharev was a Soviet … Read more
Donald Trump was against Iran in his first term, and he will take office now knowing that Iranian agents planned to kill him. US President Donald Trump is preparing for quick and tough measures against Iran after officially taking office as head of state. according to WSJthe republicans are going to significantly increase sanctions against … Read more
New York. Oil prices rose this Friday after reports that Iran is preparing a retaliatory attack against Israel from Iraq in the coming days, but record production in the United States cushioned the rise in prices. The European benchmark Brent added 29 cents to $73.10 a barrel. US West Texas Intermediate (WTI) crude oil rose … Read more
Just – European stocks settled today, Monday, and losses in technology stocks were offset by gains in stocks related to basic resources, while the focus remained on the US presidential elections.. The STOXX 600 index of European stocks settled at 510.89 points, with energy stocks rising 0.6%, and the sector was among the biggest winners … Read more
Libya has maintained a substantial foreign currency reserve totaling $80.7 billion in 2024, positioning it as the top country in Africa in this regard. This achievement coincides with Libya’s status as one of the continent’s major oil exporters. The African Export-Import Bank (Afreximbank) released a ranking of African countries based on their foreign currency reserves … Read more