News

02 Sep 2024

Crude oil falls again

Crude oil continued its downward movement in the first session of September on Monday, affected by weak demand from China and the U.S., along with increasing market expectations that the OPEC+ alliance will ease voluntary production restrictions. In this regard, some news reports indicated that the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) plan to increase crude oil production in October, with eight members of the alliance likely to raise production by 180,000 barrels per day

Latest News

#News 12 Sep 2025
Oil prices jump about 2% amid risks to Russian production

محت أسعار النفط خسائرها خلال تعاملات الجمعة وتحولت للارتفاع بحوالي 2%، مع تجدد المخاوف بشأن إمدادات...

Read More
#News 12 Sep 2025
Bitcoin surpasses $116,000 amid expectations of a US interest rate cut

Cryptocurrency prices rose during Friday trading as markets assessed the outlook for future US monet...

Read More
#News 12 Sep 2025
China is preparing to accelerate crude oil storage through 2026, according to Goldman Sachs

China is expected to accelerate its crude oil stockpiling this year and through 2026 as Beijing take...

Read More
#News 12 Sep 2025
The UK economy stalled in July

The UK economy stagnated in July, recording zero growth, as consumers and businesses faced pressure...

Read More
arrow
واتس آب