Oil market dynamics and future trends with global broker Octa
by KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 November 2024 – As a critical resource in the global economy, oil is integral not only …
Tag: oil
China’s Oil Imports See Risks Amid Iran’s Shadow Fleet
Chinese refineries continue to benefit from discounted Iranian crude, a critical component of their energy strategy, despite intensified scrutiny and sanctions from the United States. …
Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.
Oil Surplus Expected in 2025 Amid Lower Demand, IEA Predicts
Global oil markets are headed toward a significant surplus in 2025, according to the International Energy Agency (IEA). The forecast, which emerged as part of …
Ruifeng Wealth Management and INDUK KUD Sign Agreement to Build Palm Oil Mills and Cooking Oil Refinery to Support Indonesia’s National Meal Program
JAKARTA, INDONESIA – Media OutReach Newswire – 9 November 2024 – In a significant move to strengthen Indonesia’s National Free Meals Program, a cornerstone of …
Saudi Aramco’s Q3 Profit Falls 15% Amid Softer Oil Prices and Refining Challenges
Arabian Post Staff -Dubai Saudi Aramco reported a notable 15% decline in its third-quarter profit, dropping to $30.6 billion from $35.5 billion in the same …
Trump Administration’s New Sanctions Could Disrupt Oil Markets
The Trump administration’s latest strategy to impose stricter sanctions on Iran and Venezuela is set to have a significant impact on global oil markets. As …
Gulf Stock Markets Edge Up Amid Oil Recovery and Trump Claims Victory
Gulf markets experienced an upward swing today as oil prices rebounded and optimism surfaced across key regional sectors. The market’s movement also responded to global …
Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest …
Crude Oil Faces Heightened Pressures Despite Flare-Up In Middle East Tensions
By K Raveendran With clear indications that Israel is sparing Iranian oil facilities from attack, the downward pressure on oil has further increased and there …