News
Oil Breaks Out to Fresh Highs as Commodities Remain Bid
OIL, WTI (US CRUDE), BRENT CRUDE TALKING POINTS: Oil remains supported as Russia pursues war on Ukraine Sanctions against Russia drive Oil prices higher Inflation outlook remains a key concern for central banks including the ECB and the Federal Reserve (Fed)...
Crude Oil Spikes to a Near 14-Year High on Russian Supply Fears
Brent crude touched its highest level in nearly 14 years earlier today as news filtered through the market that the US is leading talks to ban the import of Russian oil and energy in a further attempt to tighten a fiscal noose around President Putin’s war in Ukraine....
WTI and Brent Crude Oil Prices
Crude oil is one of the most in-demand commodities, with the two most popularly traded grades of oil being Brent Crude and West Texas Intermediate (WTI). Crude oil prices reflect the market’s volatile and liquid nature, as well as oil being a benchmark for global...
Saudi ports authorıty signs agreement for Yanbu port bunker station
The Saudi Ports Authority (MAWANI) has signed an investment agreement with Saffania Navigation Co. Limited to operate and maintain a bunker station at King Fahad Industrial Port in Yanbu. The agreement was signed yesterday (14 February) by H.E. Omar Talal Hariri,...