by Jibran Munaf | November 3, 2024 | Energy
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2024, the world’s largest gathering for the energy sector, will open on November 4th at the Abu Dhabi National Exhibition Centre (ADNEC). Under the theme “Connecting Minds. Transforming Energy,”...
by Jibran Munaf | November 2, 2024 | Commodities, Energy
Oil prices climbed Friday following reports that Iran may be planning an attack on Israel through its allied militias in Iraq, though the gains were tempered as markets remain skeptical about a potential impact on oil supplies. West Texas Intermediate (WTI) crude rose...
by Jibran Munaf | October 31, 2024 | Commodities, Energy
Oil prices rose for the second consecutive session on Thursday as U.S. crude inventories posted a decline, and traders kept a close eye on geopolitical tensions in the Middle East. Brent crude neared $73 per barrel after a 2% gain on Wednesday, while West Texas...
by Jibran Munaf | October 25, 2024 | Energy
German Chancellor Olaf Scholz announced Germany’s interest in deepening defence ties and collaborating on green energy initiatives with India following a meeting with Indian Prime Minister Narendra Modi. Germany, traditionally not a major defence partner to India, now...
by Jibran Munaf | October 24, 2024 | Commodities, Energy
Oil prices bounced back as traders weighed rising tensions in the Middle East and the outlook for global supply balances as 2025 approaches. Brent and WTI Prices Surge Brent crude climbed toward $76 a barrel, while West Texas Intermediate (WTI) traded close to $72....
by Jibran Munaf | October 23, 2024 | Commodities, Energy
Oil prices retreated as traders focused on a potential rise in U.S. crude inventories and the Biden administration’s diplomatic efforts to broker a cease-fire in the Middle East. Brent crude edged closer to $75 per barrel after rallying over 4% in the previous...
