ECONOMIC IDEAL – Saudi crude oil loading volumes at the Red Sea port of Yanbu have dropped by 40 percent since Yemen imposed a blockade on the kingdom in retaliation for its aggression... Read more
ECONOMIC IDEAL – Gold prices rose on Monday, supported by a sharp drop in oil prices that eased concerns about inflation, while a weaker dollar also made the precious metal cheaper for... Read more
ECONOMIC IDEAL – China’s crude oil imports are expected to rebound in July, averaging 7.8 million barrels per day, according to preliminary figures from data analytics firm Kpler... Read more
ECONOMIC IDEAL – Physical crude oil prices in Middle Eastern, European, and African markets surged to two-month highs last week, with some grades nearing $110 per barrel as supply disr... Read more
ECONOMIC IDEAL – Gold prices held steady in global markets on Thursday, retreating from a two-week high as surging oil prices raised inflation concerns and limited the precious metal... Read more
ECONOMIC IDEAL – Oil prices climbed on Wednesday as concerns grew over further supply disruptions following renewed US military aggression against Iran and a naval blockade imposed by... Read more
ECONOMIC IDEAL – Oil prices rose for a fourth consecutive day in global trade on Thursday as ongoing .U.S. military aggression against Iran fueled concerns over potential supply disrup... Read more
ECONOMIC IDEAL – Iran’s Oil Minister stated that despite the cancellation of the 60-day waiver, the country’s oil exports continue as before and no problems will arise in t... Read more
ECONOMIC IDEAL – According to a Bloomberg survey, OPEC’s crude oil production increased last month as Gulf producers resumed exports through the Strait of Hormuz following the Ir... Read more
ECONOMIC IDEAL – Iranian Minister of Petroleum Mohsen Paknejad departed for India on Wednesday morning (June 24) to participate in the 11th BRICS Energy Ministers’ Meeting. Sourc... Read more
