Parvin Faghfouri Azar

European Gas Prices on the Decline

European natural gas prices have been on the slide for several days now as an early start of summer combines with ample LNG supplies to quench supply worries. According to a Bloomberg report, natural gas prices in Europe have been on the decline for five days now as demand eases …

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MENA Oil Exporters have Brighter Prospects

Director of the Middle East and Central Asia Department at the International Monetary Fund Jihad Azour indicated that the expected MENA GDP growth is 5%, but masks “important differences across countries with oil exporters upgraded.” According to the International Monetary Fund in its latest Middle East and Central Asia Regional …

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Iran Oil Exports Remain above 1m bpd

Iran continued to export more than one million barrels of oil per day (bpd) in the two first months of new Iranian calendar year (March 21 – May 21). The Oil Ministry of the Islamic Republic of Iran has announced that thanks to the boost of oil revenues, the administration …

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Biden Declares US Energy Emergency

US President Joe Biden has blamed Russia for another crisis, saying his country might not be able to generate enough electricity to meet consumer demand. He partially blamed the ongoing conflict in Ukraine. Biden declared an energy emergency on Monday, saying national security and quality of life are jeopardized by …

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