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2024-05-10 | Industry Dynamics

Oil Prices Surge Amid Chinese Economic Growth and Middle-East Tensions 

Today’s News Oil prices surged today as Chinese economic data showed improvement, while tensions between Israel and Hamas escalated, driving concerns about supply disruptions.  Oil prices climbed on Friday, continuing their upward trend on signs of a strengthening Chinese economy and escalating tensions between Israel and Hamas. Brent futures rose by 37 cents to USD […]

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2024-01-10 | Industry Dynamics

World Bank: Energy Price Surge Over Middle East Conflict 

Today’s News  On Tuesday, the World Bank warned that the world economy could experience a “wasted” decade and its weakest growth in 30 years. It foresees a year marked by sluggish growth, pointed to a slow recovery from the pandemic and ongoing wars in Ukraine and the Middle East as major factors expected to heavily impact […]