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Saudi, French FMs discuss regional issues amid soaring tension
October 5, 2024
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received here on Saturday Minister for Europe and Foreign Affairs of the Republic of France Jean-Noel Barrot, the official Saudi Press Agency reported.
The two ministers reviewed…
Oil prices are heading towards a 10% increase amid escalating tensions in the Middle East
October 5, 2024
Oil prices jumped at the end of Friday’s trading and are heading towards recording a weekly increase of 10% as investors assess the possibility of the conflict in the Middle East expanding, which could disrupt crude supplies, after US President Joe Bi…
Basra crude achieves significant weekly gains
October 5, 2024
Basra crude “heavy and medium” achieved weekly gains exceeding 8%, with global oil prices also recording significant weekly gains.
Basra heavy crude closed in its last session yesterday, Friday, up $2.27 to reach $72.48, and recorded weekly gains of …