Oil drilling rigs Oil prices rose on Friday after Russian President Vladimir Putin warned of a broadening conflict in Ukraine despite signs of slowing demand and an abundance of crude supply in the US. Brent crude futures for January delivery increased 0.13%, or $0.10, to $74.33 a barrel, at 9:28 am Makkah time. Similarly, futures […]
Oil prices rise as Putin warns of broadening conflict Read More »
Saudi Arabia’s 2025 education plan boosts Chinese learning, nurtures gifted talent RIYADH: Around 102,000 students in Saudi Arabia will learn Chinese annually in public schools, while three new institutions for the gifted will open as part of the Kingdom’s 2025 education plans. According to the Ministry of Finance’s budget report, the education sector has been allocated SR201
Oil Updates – crude heads for weekly gains on anxiety over intensifying Ukraine war Read More »
Crude Oil Imports Surge While Product Imports Remain Mixed Crude oil imports surged by 1.2 million bpd to 7.7 million bpd, significantly above the four-week average of 6.6 million bpd. This represents a 2.7% increase compared to the same four-week period last year. In contrast, motor gasoline imports remained relatively low at 374,000 bpd, while
EIA: U.S. Crude Stocks Rise as Imports Surge, Refinery Activity Slows Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Nov 15, 2024, 1:41 AM CST Crude oil prices looked set for yet another weekly loss, pressured by the perception of softer-than-expected demand in China. The decline comes
Oil Prices Set for Another Weekly Loss on Soft Demand Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Nov 01, 2024, 3:26 AM CDT Saudi Arabia may reduce the official selling prices for most of its oil grades for Asian buyers next month, Reuters has reported, citing sources from the refining industry. Based on a poll conducted among six
Saudi Arabia May Cut Oil Prices for Asian Buyers Next Month Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Nov 01, 2024, 2:19 AM CDT Crude oil prices are on course to end the week with a loss, weighed down by demand concerns and a hypothetical increase
Oil Prices Are Set for a Weekly Loss Despite the Recent Rebound Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 29, 2024, 5:00 PM CDT Bloomberg: the Private Investment Fund of Saudi Arabia had issued a total of $50 billion in bonds this year. According
Saudi Arabia Turns to Debt Markets for Vision 2030 Financing Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Oct 29, 2024, 3:51 PM CDT Crude oil inventories in the United fell by 573,000 barrels for the week ending October 25, according to The American Petroleum
Unexpected Crude, Product Draws Send Oil Prices Up Read More »
“Cover, bring to a boil, then reduce heat. Simmer for 20 minutes.” These directions seem simple enough, and yet I have messed up many, many pots of rice over the years. My sympathies to anyone who’s ever had to boil rice on a stovetop, cook it in a clay pot over a kerosene or charcoal
The Unlikely Inventor of the Automatic Rice Cooker Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Oct 28, 2024, 3:37 AM CDT Crude oil prices began the week with a loss, after Israel’s retaliatory strike against Iran failed to inflict substantial enough damage, according
Oil Prices Tumble as Tensions in the Middle East Cool Read More »
