Business

Oil prices fall by more than 1%

Oil prices fell by more than one percent on Wednesday, as concerns about demand in China persisted and the risks of a broader economic slowdown increased.

Brent crude futures fell by $1.15, or 1.45 %, to $78.40 a barrel,

Oil Minister chairs Energy Ministerial Council meeting

Deputy Prime Minister for Energy Affairs, Minister of Oil Hayan Abdul-Ghani chaired today, Wednesday, the meeting of the Ministerial Council for Energy in its seventh regular session for the year 2024.

According to a statement by the Ministry of

Basra crude prices rise as oil rises in global markets

Basra Heavy and Medium crude prices rose today, Wednesday, as oil prices rose in global markets.

Basra Heavy crude prices rose $1.4 to $75.61, while Basra Medium crude prices rose $1.4 to $78.61.

Oil prices rose, after a sharp

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