Oil prices rose about three percent today, Monday, on fears that the escalation of the situation in the Middle East would disrupt oil supplies from the region.
Brent crude futures rose $2.30, or 2.91 percent, to $81.32 a barrel, and US crude futures …
The annual report of the Jordanian Ministry of Energy and Mineral Resources confirmed that the second phase of the Jordanian-Iraqi electrical interconnection will be completed in the first quarter of 2025, according to the workflow plan.
The report i…
Oil prices stopped a 4-day decline and turned to rise at settlement on Thursday evening on expectations of a US interest rate cut next month.
Brent crude futures rose $1.55, or 2.04%, to $77.6 a barrel, while US West Texas Intermediate crude futures…
The Ministry of Oil confirmed its commitment to the voluntary production reduction decisions agreed upon within OPEC+.
The Ministry confirmed in a statement, within the framework of the Iraqi Ministry of Oil’s commitment to the decisions of the OPEC+…