The first Saudi-Japanese ministerial dialogue meeting for energy
The Saudi Prince of Energy and the Japanese Minister of Economy and Industry held a meeting in Riyadh - Saudi Arabia, in which they demonstrated the importance of supporting the stability of global oil markets, through strengthening international relations and foreign diplomacy.
To encourage cooperation between oil producing and consuming countries, and to ensure that supplies reach all markets in the world.
In Russia, Russian Deputy Prime Minister Alexander Novak predicted that Moscow would ship about 21 billion cubic meters of liquefied natural gas to Europe during the current year 2022.
Russian Vice President Alexander Novak said that his country, Russia, was able to increase natural gas supplies to Europe
“This year we were able to significantly increase LNG supplies to Europe.”
He also stated: "In 11 months of 2022, it has increased to 19.4 billion cubic meters, and by the end of the year it is expected to reach 21 billion cubic meters."
The US dollar was able to regain its balance after the Bank of Japan's monetary policy meeting,
The Federal Reserve's tightening of its monetary policies and strong economic support kept the dollar stable, while the gains of other currencies remained limited.
As the British pound was affected by the increasing chances of recession, reaching 1.2062.
While the Japanese yen rose to about 132 against the dollar, compared to 137.16 just before the session, and ended the week's trading at 132.79.
The Australian dollar fluctuated around 0.6700 and ended the week at 0.6719.
Japanese stocks closed higher today, supported by the rise of US stock indices on Wall Street, during the last session.
The Japanese Nikkei index rose by 0.65% to close at 26,405.87 points, while the broader Topix index increased by 0.24%, to 1902.52 points.
The first Saudi-Japanese ministerial dialogue meeting for energy
The Saudi Prince of Energy and the Japanese Minister of Economy and Industry held a meeting in Riyadh - Saudi Arabia, in which they demonstrated the importance of supporting the stability of global oil markets, th