Everyone is awaiting special and exceptional surprises at the third session of the Muhr Jan Red Sea International Film Festival in Jeddah, Saudi Arabia, in terms of participating films and guests of honor, including international stars and honored stars. Global presence Hours before the start of the new session’s activities, international star Will Smith came … Read more
The meeting of the important Organization of the Petroleum Exporting Countries and its allies (collectively known as OPEC+) will be rescheduled from November 25th to November 26th to November 30th, causing crude oil prices to fall by more than $3 per barrel on Thursday (22nd). to below US$75 per barrel. The West Texas Intermediate (WTI) … Read more
Photo = Infostock Daily [인포스탁데일리=안호현 전문기자] Saudi Arabia is considering extending its production reduction policy until next year. Additional production cuts at the Organization of Petroleum Exporting Countries (OPEC) plus level are also being considered. The Financial Times (FT) reported on the 17th (local time) that Saudi Arabia is likely to extend its production cut … Read more
On Sunday, Saudi Arabia and Russia, the world’s largest oil exporters, they said which will confirm the cuts to their oil production already started this year until at least the end of 2023. The objective is to avoid a drop in the price of oil: after the summer cuts, in September the price of oil … Read more
The time of superprofits seems far away. After poor results this summer, the oil majors once again reported sharply declining results on 3e quarter 2023. This is the case of the Italian giant Eni, which saw its net profit fall by 67% to 1.91 billion euros. OAcross the Atlantic, Chevron also announced this Friday, October … Read more
/nginx/o/2023/09/13/15589295t1h871c.jpg "OPEC Data Reveals Saudi Arabia’s Decision to Reduce Oil Production Leads to Oil Prices Surpassing Per Barrel on London Stock Exchange")
Taking into account the latest OPEC data, Saudi Arabia’s decision to reduce oil production has created a situation where oil prices have already exceeded 90 dollars per barrel on the London Stock Exchange. World oil reserves, which have shrunk significantly in the third quarter, will shrink even more in the next three months – by … Read more
VIENNA, Sept. 12, 2023 (Xinhua) – The Organization of the Petroleum Exporting Countries (OPEC) expected strong growth in global oil demand in 2023 and 2024, thanks to “resilient” global economic growth. OPEC said in its monthly oil market report for September, published on Tuesday, that it expects global oil demand to rise by 2.44 million … Read more
Oil prices have stabilized near their highest levels since last November, after the decision of the Kingdom of Saudi Arabia and Russia (the leaders of the OPEC + coalition) to extend the restrictions imposed on supplies until the end of this year, which in turn reduces the volume of supply in the global market. The … Read more
After Palestinian Muhammad al-Najjar wrote a post on his Facebook page saying, “I am forced to leave this world after I have exhausted all my efforts and attempts to recover from depression over the course of eight years, the last of which was electricity sessions.” He grabbed a grenade and blew himself up. The news … Read more
Is space still threatening the Earth recently as it threatened it in the past? In more than one historical scientific reading of thinkers, scientists, and writers, we find that the majority of ancient civilizations directed their focus towards space, and built edifices on Earth consistent with the stars and planets, and this is what we … Read more