Amman: An official source at the Jordanian Ministry of Energy confirmed that the current regional escalation poses direct challenges to the reliability of energy supplies and routes in the region, given the uncertainty in the markets and the high leve…
Islamabad: Oil prices rose at the start of trading today, amid the ongoing war in the Middle East and its impact on global energy supplies. Brent crude futures increased by $2.4, or 2.2 percent, to reach $111.43 per barrel. US West Texas Intermediate …
Vienna: The eight member countries of the OPEC+ group, including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, have approved an adjustment in production levels, increasing output by 206,000 barrels per day (bpd). This adjustm…
Vienna: The eight member countries of the OPEC+ group, including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, have approved an adjustment in production levels, increasing output by 206,000 barrels per day (bpd). This adjustm…