RIYADH: Information technology spending in the Middle East and North Africa region is set to reach $193.7 billion in 2024, a 5.2 percent increase from the previous 12 months, according to a new report. In its latest MENA IT Spending forecast, US-based consulting firm Gartner stated that while the outlay in the sector is set […]
Oil Updates – crude edges down amid cautious demand outlook Read More »
MANILA, Philippines — Fuel prices will go up this week, oil firms said Monday, a week after pump prices were lowered. Shell and Caltex said that they will raise gasoline prices by P0.85 per liter, diesel by P1.75 per liter and kerosene by P1.90 per liter. Last week, oil companies lowered the prices of gasoline,
Fuel prices to rise this week Read More »
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Jun 14, 2024, 12:30 PM CDT The Dangote Refinery in Nigeria, Africa’s biggest and newest crude processing facility, is delaying the start of gasoline deliveries after the middle of July, the Dangote group’s president Aliko Dangote told Nigerian media this week. “We had
Africa’s Biggest Refinery Delays First Gasoline Supply until mid-July Read More »
Bread and cooking oil prices are expected to increase by Ksh9 and Ksh16 respectively… https://www.kenyans.co.ke/news/101542-environment-ps-introduces-eco-levy-response-waste-management-concerns
PS Defends Proposed Eco Levy That Will Raise Bread & Cooking Oil Prices Read More »
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Oil settles higher on forecasts for strong demand Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jun 11, 2024, 5:00 PM CDT Saudi Arabia’s oil giant Aramco looks caught between a rock and a hard place. It seeks to win
Saudi Aramco Needs To Balance Investor Needs Against Oil Prices Read More »
Oil prices climbed about 3% to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger U.S. dollar and expectations the U.S. Federal Reserve will leave interest rates higher for longer. The Fed hiked interest rates aggressively in 2022 and 2023 to tame a surge in inflation. Those
Oil prices up 3% to one-week high on hopes of higher summer fuel demand Read More »
Thanks to a lower crude oil price, South Africa’s motorists can expect a decrease in both petrol and diesel prices in early July 2024. NOTE: This is an updated article with the latest fuel projections While the next fuel price changes are still a month away, the early numbers from the Central Energy Fund (CEF) suggest
Fuel price: Big petrol, diesel price drop in July 2024, BUT … Read More »
Stankevicius International Announces SELL Trade for Diesel 10PPM EN590 in UAE Dubai, United Arab Emirates, Stankevicius International is pleased to announce a verified SELL trade for Diesel 10PPM EN590 in the United Arab Emirates. The diesel is offered at a competitive price of $650 per metric tonne, with a minimum order quantity of 50,000 metric
Stankevicius International Announces SELL Trade for Diesel 10PPM EN590 in UAE Read More »
Crude oil prices were on course to end the week with the third consecutive loss after OPEC+’s latest meeting surprised observers with the possibility of some supply returning to markets later this year. The prospect, which the cartel said would depend on market conditions, started something of a stampede among oil traders, with prices plunging
Oil Prices Set for Third Weekly Loss in a Row Read More »
