RIYADH: Saudi Arabia’s crude production reached a seven-month high of 9.01 million barrels per day in February, data from the Joint Organizations Data Initiative showed. This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month. Furthermore, the data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent. In early April, the Organization of the Petroleum Exporting Countries and its...
China's Crude Oil Imports Hit A Record High In 2023 By Tom Kool of OilPrice.com China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash to gorge on cheap crude. Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S....
The levels of the crucial heat-trapping gases in the atmosphere reached historic highs last year, growing at near-record fast paces, according to the U.S. National Oceanic and Atmospheric Administration.
Money helps shed light on which is a better investment: gold or stocks.
Oil prices have jumped to their highest level in six months amid reports Israel is bracing for a potential attack by Iran.]]>
Passengers report being stranded in the desert city as the international hub struggles in the wake of unusually heavy rainDubai is wrestling with the aftermath of extraordinary torrential rains that flooded the desert city, with residents describing harrowing stories of spending the night in their cars, and air passengers enduring chaotic scenes at airports.Up to 259.5mm (10.2in) of rain fell on the usually arid country of the United Arab Emirates on Tuesday, the most since records began 75...
A staggering £9.9bn was paid out to motorists across 2023, according to the ABI, the highest annual figure since it began collecting data.
Shares of New Gold Inc. (TSE:NGD – Get Free Report) (ARCA:NGD) hit a new 52-week high on Monday . The stock traded as high as C$2.54 and last traded at C$2.38, with a volume of 1428170 shares. The stock had previously closed at C$2.45. Wall Street Analysts Forecast Growth A number of research analysts have […]
The visitors declared on 620 for three.
Oil prices jumped more than 3% after reports of explosions near the Iranian city of Isfahan.
Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesday showed. Holdings totaled $7.965 trillion, up from a revised $7.945 trillion in January. Treasuries owned by foreigners rose 8.7% from a year earlier.
Cocoa Prices Hit New Record High As Talks In Ghana Suggest Delayed Deliveries Of Beans Cocoa futures jumped to a record high in New York on Thursday morning as traders confronted new supply problems in Ghana, the world's second-largest cocoa producer. Bloomberg reports that the Ghana Cocoa Board, the regulator, is speaking with major commodity traders about delaying the delivery of 150,000 to 250,000 tons of cocoa until the next growing season due to dwindling bean supplies. The...