July 1, 2024

Oil prices rise amid expectations of a decline in supply

Oil prices rose in early trading on Monday, supported by expectations of a supply deficit resulting from peak fuel consumption in the summer and OPEC+ cuts in the third quarter, but adverse economic trends and increased production from outside the OPE…

3 citizens injured in settler attack on Asira al-Qibliya

Three citizens were injured on Monday evening in an attack by settlers on the village of Asira al-Qibliya, south of Nablus.

Palestinian Red Crescent sources reported that three citizens were injured as a result of being attacked by settlers who attac…

Saudi Arabia discovers new oil, gas fields

Saudi Arabia announced Monday the discovery of seven oil and gas wells in the Kingdom’s Eastern Province and Empty Quarter region.

The Saudi Press Agency (SPA) quoted Energy Minister Prince Abdulaziz bin Salman as saying that the national energy gian…