oil prices
The third session of the Red Sea Film Festival announces its surprises
2023-12-01 00:36:48 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 … Read more
Higher oil prices could lead to higher than expected inflation rates in 2024: Fitch
2023-11-11 09:51:12 The geopolitical uncertainty from the conflict in Middle East could upend countries’ inflation and growth calculations, leading to a higher than expected inflation for India as well, according to Fitch Ratings. “Higher oil prices would lead to higher-than-expected inflation rates in 2024, followed by corrections in 2025. Turkiye sees the highest percentage point … Read more
What are the risks threatening oil markets in light of the Israeli war on the Gaza Strip?
2023-10-21 21:38:39 Black gold prices rose relatively slightly as a result of the Israeli war following the bloody attack launched by Hamas on Israel on October 7. Announcement An escalation of Israel’s war on the Gaza Strip could put further pressure on global oil and gas supplies, which have been disrupted by Russia’s invasion of … Read more
Oil rises for the second week amid the Israeli war on Gaza
2023-10-20 21:16:24 Oil prices recorded a weekly increase for the second time after developments in the Middle East increased market fears about the potential spread of the conflict, although US efforts to postpone the Israeli ground invasion of the Gaza Strip caused prices to fall on Friday. After resisting postponing what officials say is a … Read more
The impact of the escalation in Gaza on oil pushes Shell’s stock to a historic level
2023-10-16 10:51:34 By 10:30 GMT, the energy giant’s shares rose by 1.51 percent, bringing the share price to 2,762.5 pence per share, bringing the company’s market value to 185.35 billion pounds sterling. Shell’s share price has risen more than 10 percent since October 4, when OPEC+ pledged to keep current production levels unchanged. The company’s … Read more