NEW YORK, Aug 19 (Reuters) – Oil prices fell by more than $2 a barrel Monday on the prospect of successful Middle Eastern peace talks reducing supply risks, while leading oil importer China’s economic weakness […]
Daily Standup Top Stories How Conflict in the Middle East Could Send Oil Prices Soaring August 5, 2024 Mariel Alumit Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send […]
Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send oil prices soaring. The World Bank has already outlined just how high oil prices could go if Iran and […]
The United States will bolster its military presence in the Middle East, deploying additional warships and fighter jets to protect US personnel and defend Israel amid soaring tensions in the region, the Pentagon said […]
In a new BMI report sent to Rigzone by Fitch Group, BMI analysts examined “the good, the bad and the ugly” of OPEC+’s new policy. Looking at the “good”, BMI analysts noted in the report […]
April 29 (Reuters) – Oil prices lost more than $1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect […]
Last weekend’s security cooperation in the Middle East doesn’t indicate a new future for the region. Do Arab leaders have Israel’s back? If one has scrolled through the social media commentary on the combined effort […]
Iran’s attack on Israel has undermined some of China’s diplomatic credibility in the region. The highlights this week: China aims to balance its relationships in the Middle East while backing Iran in its conflict with […]
Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]
The energy crisis that engulfed Europe after Western sanctions punished Russia’s invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea […]
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