The global oil market experienced a subtle shift on Friday as tensions in the Middle East captured investors’ attention. Brent crude, the international benchmark, closed the session at $71.98 per barrel, marking a 0.53% increase. Despite this modest gain, Brent futures recorded a 3.49% decline for the week. West Texas Intermediate (WTI) crude futures for […]
Related Posts

House prices inch up in second quarter, still 2.4% down on 2022 DutchNews.nl on 6 de July, 2023 at 9:22
House prices have inched up in the second quarter of this year, although they are still 2.4% less than they were last year, reports estate agents organisation the NVM. The body, which records the median figure from sales registered by its agent members, said that prices agreed from April to June were 2.8% higher than […]
Russia Hikes Defense Budget by 70% for 2024
Russia’s 2024 defense budget has surged by almost 70% to 10.8 trillion rubles or $112 billion, according to a financial report. Kremlin spokesperson Dmitri Peskov says the hike is essential. He cites a “hybrid war” Russia claims to be facing as the reason. In contrast to Russia’s substantial hike, China announced a more modest defense […]
Angola’s $6 Billion Leap Towards Energy Self-Reliance
Angola’s government has signed a deal with CNCEC, a Chinese company, to build a new refinery. This refinery, known as the Lobito Refinery, will be in Benguela province. The project will cost $6 billion. Sonangol, Angola’s state-owned oil firm, also joined this effort. It signed three contracts. The first is for building the refinery with […]