July 10, 2024

OPEC confirms oil demand growth expectations in 2024 and 2025

The Organization of the Petroleum Exporting Countries (OPEC) maintained its expectations for relatively strong growth in global oil demand in 2024 and 2025, noting that flexible economic growth and strong air travel will support the use of fuel in the…

Oil prices record an increase upon settlement

Oil prices rose upon settlement at the close of trading today, Wednesday, in light of the decline in stocks of crude oil, gasoline, and distillates in the United States of America.

Brent crude futures rose by 70 cents, or 0.86 %, to reach $81.71 per …

Iraqi court sentences Al-Baghdadi’s widow to death

Al-Karkh Criminal Court issued a death sentence against widow of the former (and deceased) leader of the so-called Islamic State (IS) Abu Bakr Al-Baghdadi for her association with the notorious group AND holding Yazidi women captive in her home. The M…

NSSA, CNSA enhance cooperation

Manama, Dr. Mohammed Ibrahim Al Aseeri, CEO of the National Space Science Agency (NSSA), met with representatives of the Chinese National Space Administration (CNSA). The meeting follows the memorandum of understanding signed during His Majesty King H…