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14
Jan- By : admin
Traders Speculate on $110 Oil As Middle East Tensions Escalate
While oil prices have been struggling to move above $80 per barrel for weeks, some traders have bet on oil hitting as high as $110 a barrel in the early spring.
14
Jan- By : admin
Oil prices steady despite Middle East tensions, but risks are rising
In recent weeks, missile and drone attacks on cargo ships crossing the Red Sea have caused the biggest disruption to global trade since the COVID-19 pandemic. Despite delayed supplies, however, oil prices have remained surprisingly stable.
14
Jan- By : admin
Multibillion-dollar Saudi Aramco oil and gas project hit with fresh delays
Saudi Aramco has further delayed the tender process for a massive engineering, procurement, construction and installation (EPCI) project involving further development of its giant Marjan oil and gas offshore field.