Currently. the majority of the UAE’s income is derived from oil exports.
Read More »Saudi Arabia will Launch Energy Strategy in 3 Months
The Kingdom consumes 688.000 barrels of liquid fuel to generate electricity.
Read More »Rosneft Shifts Exports to Affiliate. Skirting U.S. Sanctions on Venezuela
Moscow has been a crucial supporter of the Maduro regime over the years.
Read More »Iran`s 11-Month Exports Hit $38.5b
A sum of 32.4 million tons of commodities worth $39.9 billion were imported to the country during the period.
Read More »Iran`s Main Stock Market Keeps Rising despite Rial Fall
The total value in the main Iranian stock exchange has reached all-time highs thanks to a boom in trade.
Read More »The Third Week of February 2020
Official Rejects Quarantining Cities Due to Coronavirus
Rejecting the requests of quarantine some cities in Iran due to the coronavirus. Deputy Minister of Ministry of Health and Medical Education Iraj Harirchi said. We do not agree on quarantine at all.
Read More »Chevron Reports Lowest Reserve-Replacement Ratio since 2010
Chevron’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year. eroding its portfolio of untapped fields.
Read More »Oil Short-Selling Triples Since the Start of 2020
Hedge funds are bracing for more trouble in the oil market. even after crude rebounded for a second week on hopes the coronavirus outbreak’s threat to economic growth is waning.
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