Blog
OIL PRICES STABILISE AS U.S.-JAPAN TRADE DEAL EASES GLOBAL SENTIMENT AMID BROADER TENSIONS.
Oil prices found stability midweek after a three-day slide, helped by a U.S.-Japan trade agreement that momentarily eased global economic tensions. Although Brent and WTI crude both showed minimal movement, the broader outlook remains uncertain with looming geopolitical risks, ongoing trade friction with the EU and China, and fluctuating inventory levels. Market players continue to weigh conflicting signals, from falling U.S. crude stocks to the potential for new sanctions on Russian oil, making the path forward complex and fragile.
- 10 months, 1 week
KUWAIT TO START WORK ON NEW GAS FIELD IN EGYPT.
Kufpec Egypt, a subsidiary of Kuwait Foreign Petroleum Exploration Company (Kufpec), and Shell Egypt have announced a final investment decision to develop gas exploration at the Mina West gas field in Egypt.
- 10 months, 1 week
SAUDI CRUDE EXPORTS HIT THREE-MONTH HIGH IN MAY.
Saudi Arabia’s crude oil exports in May rose to their highest level in three months, data from the Joint Organizations Data Initiative (Jodi) showed on Monday.
- 10 months, 1 week
WHY TURKEY ENDED THE OIL PIPELINE PACT WITH IRAQ.
Turkey’s decision to terminate its 52-year-old oil pipeline agreement with Iraq appears to be driven by growing security concerns and political tensions.
- 10 months, 1 week
IEF’S JASSIM ALSHIRAWI TO SPOTLIGHT AFRICA’S OIL FUTURE AT AEW 2025.
Africa’s energy landscape is transforming, with established producers scaling up output and emerging markets pushing frontier exploration.
- 10 months, 1 week
ADNOC’S BID FOR SANTOS IS A GLOBAL LNG GAMECHANGER.
Adnoc’s $18.7 billion acquisition bid for Australia’s natural gas and LNG colossus Santos marks a milestone in the evolution of Abu Dhabi’s energy sector.
- 10 months, 1 week
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.