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Oil Updates – prices higher on Fed comments on inflation, Middle East tensions

SINGAPORE: Oil prices edged higher on Friday after minutes from a Federal Reserve meeting suggested inflation was under control, and US Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening, according to Reuters. Brent crude futures were up 31 cents, or 0.4 percent, to $77.90 a barrel, while US West Texas. ....

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Saudi Arabia issued 130 industrial licenses in November 2023

Saudi Arabia issued 130 industrial licenses in November 2023
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