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Oil snapped a five-day winning streak on Tuesday as the recent rally stemming from the Middle East conflict took a pause and China signaled no additional big stimulus. West Texas Intermediate ( CL ...
Tom Kloza, global head of energy analysis with the Oil Price Information Service, believes oil prices are approaching a top, with U.S. crude oil at $74.38 and Brent crude, the international ...
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. Prices for ...
Oil may get another run as liquid gold. Crude futures surged 9% last week — its biggest weekly gain since March 2023 — driven by escalating tensions in the Middle East.Israel’s vow to ...
Incoming U.S. Middle East Envoy Steve Witkoff meets with Israeli Prime Minister Benjamin Netanyahu in an effort to secure a ceasefire deal in Gaza before President-elect Donald Trump's inauguration on January 20. Netanyahu sends Mossad director David Barnea to ceasefire talks in Doha. Israeli bombing of the Gaza Strip
MEES (Middle East Economic Survey) is a weekly newsletter published by Middle East Petroleum and Economic Publications Ltd. Founded in Beirut Lebanon in 1957 by Fuad W. Itayim, Middle East Economic Survey provides comprehensive source of news and analysis of energy, financial, economic and political developments in the Middle East and North Africa countries.
The Arab Gas Pipeline is a natural gas pipeline in the Middle East. It originates near Arish in the Sinai Peninsula and was built to export Egyptian natural gas to Jordan, Syria, and Lebanon, with branch underwater and overland pipelines to and from Israel. It has a total length of 1,200 kilometres (750 mi), constructed at a cost of US$1.2 billion.
Oil prices jumped sharply on Monday amid a halt in Libyan oil production and heightened tensions in the Middle East. West Texas Intermediate rose more than 3% to settle at $77.42 per barrel, while ...