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Oil prices look to notch biggest monthly gains since January 2022 in July
Brent and US crude have hit their highest levels since April as the market tightens
More oil and gas exploration in the Med and Gulf of Suez
ExxonMobil, Kufpec and Pico Energy will partner with state energy firms to explore for hydrocarbons
Power crisis could last until mid-August, says Electricity Ministry official
Some fertilizer producers are seeing their gas supply cut by 20% as the government looks to plug the gas shortfall…
Output cuts are taking their toll on Saudi oil income
Monthly oil revenues fell by a third in May to hit their lowest level since September 2021
Last Night’s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves
Officials will hold a press conference soon to address the issue
Oil prices to rise this year amid “serious” supply-demand imbalance, says IEF official
Oil exporters have removed more than 1 mn barrels of oil per day from the market this year under efforts…
That 2014 feeling: Rolling blackouts are back as electricity demand soars amid heatwave
Gas supplies have been unable to match soaring consumption driven by the ongoing heatwave
Rate hikes fuel profit surge among big US banks
PLUS: Oil market shows signs of tightening as Brent price passes USD 80
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