OPEC+ will not accelerate the rate of increase in oil production in August | Business

Russia’s invasion of Ukraine has heightened concerns about oil supplies, sending prices to record highs this year. After the announcement of the latest OPEC+ decision, oil prices fell in the market. In their monthly video conference, which lasted about an hour, the 23 OPEC+ members agreed to increase production by another 648 thousand bpd in … Read more

Attention awaits the “OPEC Plus” meeting next Thursday

The Organization of Petroleum Exporting Countries (OPEC) announced that it will hold its meeting next Wednesday, according to a statement by the organization. The “OPEC Plus” alliance is expected to hold its meeting the next day, on June 30. OPEC Plus had agreed to increase oil production by 648,000 barrels per day in June, at … Read more

Inflation and rate hike put the US economy in the face of a hurricane

head approved Federal Reserve BoardJerome Powell, that raising the Federal Reserve interest rates It won’t solve two of the biggest problems facing American families right now: rising gas and commodity prices and strategy. During a Senate Banking Committee hearing, Democratic Senator Elizabeth Warren Powell urged a cautious but cautious proceeding with interest rate hikes and … Read more

Voyager 1 and 2 retire into infinite orbit

In the summer of 1977, the US space agency “NASA” launched two spacecraft.Voyager1 and 2, on a 4-year mission to explore and photograph the planets Saturn and Jupiter, but the mission extended to other planets and lasted 45 years and still exists, but the energy is decreasing on board the two vehicles, which necessitated stopping … Read more

OPEC + efforts to increase oil production are “not encouraging”

Minister said Emirati Energy Suhail Al Mazrouei Today, Wednesday, the efforts of oil producers in the OPEC + group to increase production are “not encouraging”, noting that the group’s production is currently less than its target by about 2.6 million barrels per day. “According to a report last month, we witnessed the compliance of the … Read more

UEFA formally apologizes for the events of the Real Madrid-Liverpool match

issued European Football Association UEFA issued an official statement regarding the events of the match between Real Madrid and Liverpool in the Champions League final, and Real Madrid crowned its 14th title in its history after winning over Liverpool With a goal unanswered, Vinicius Junior scored on a field that was held at the Stade … Read more

Rise in fuel prices: a “partial relief” after the OPEC decision to increase production

the essential The announcement of Joe Biden’s visit to Saudi Arabia could improve relations between the two countries and thus encourage the first oil exporter to increase its production even more, to compensate for the losses of Russian oil. The rise in fuel prices lasts and continues. However, until now, the main oil-exporting countries had … Read more

Oil falls as investors reap profits before the OPEC + meeting – Al-Manar TV website – Lebanon

Oil prices fell by about $3 a barrel in early Asian trade on Thursday, June 2 as investors booked profits in a rally ahead of a meeting of major oil producers later in the day to clear the way for expected increases in production. Brent crude fell $2.76, or 2.4 percent, to $113.5 a barrel. … Read more