The oil markets, which currently have excess production, will depend significantly on the possible escalation of the conflict between Israel and Iran, as well as the continuation of the Houthi attacks. The port of Tampa Bay in Florida appears to have survived Hurricane Milton with minimal damage, allaying fears that a key gateway for fuel … Read more
With an eye on developments in the Middle East, the Ministry of National Economy and Finance tabled the draft budget for 2025. The basic forecast for the price of oil is set at $80 from $85.4 last year. At the same time, tax revenues will increase further by approximately 2.5 billion euros, which is also … Read more
ANPAn image of the Russian boat Sunny Liger for illustration NOS news•today, 11:21 Old, poorly insured tankers carrying Russian oil still sail past the Netherlands every day. This is evident from research by Zembla and Follow the Money, which explored the topic separately. With these ships, Russia is avoiding war sanctions that have been imposed. … Read more
The Reuters news agency said it cited relevant sources within the Persian Gulf (Arab Gulf) countries.Lobby the US governmentPlease help stop it from happening.Israel attacks oil plantin the countryIran out of concern that if the conflict worsens this could lead to an attack on the country’s own oil resources by Iran’s allies. 3 news sources … Read more
Jakarta – President Joko Widodo (Jokowi) called for an increase in oil and gas production. He does not want oil and gas production to continue to fall. The reason is that if oil production continues to decline, much of the state budget will be spent on importing oil and gas to meet domestic needs. “I … Read more
rose Oil prices In early Asian trade today, against a backdrop of fears of a possible disruption to supplies from the Middle East. Brent crude futures added 37 cents, or 0.5%, to $76.95 a barrel. And I went up Future contracts US West Texas Intermediate crude also rose 35 cents, or 0.5%, to 73.59 US … Read more
The Mexican peso anticipates losses this Thursday, depreciating towards 19.5166 units per dollar, while the dollar continues to strengthen worldwide and oil prices maintain their increases. Geopolitical alerts and turbulence in oil maintain tension in the markets in the face of US employment figures. The DXY index, which measures the behavior of the dollar against … Read more
Jakarta – Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said that Indonesia currently imports 1 million barrels of oil per day to meet domestic consumption needs. Even though Indonesia in the past could export 1 million barrels of oil per day. “If we look back, almost 30 years ago, 96, 97, our oil … Read more
Hollywood actor Keanu Reeves took part in professional car racing for the first time. He competed for the Eagles Canyon Racing team in the North American Toyota GR Cup. The race took place on October 5. Details reported CBS Sports and The Keeper. Keanu Reeves performed at the Indianapolis Motor Speedway in Indianapolis, Indiana. He … Read more
Analysts describe the oil markets as complacent against the risks posed by the escalation of conflicts in the Middle East, while there is also the ominous forecast that oil futures will reach $200 per barrel. Israel could target Iranian oil refineries in retaliation for Tuesday night’s attack, in which Tehran fired about 180 ballistic missiles … Read more