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Business, Economy, Energy

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Jordan’s oil expenditure up by nearly 50 percent in Q1 2022

Mineral fuels and other mineral oils topped the list of Jordan’s oil imports. (WAM)
By TRENDS Desk
May 31, 2022 10:33 pm
  • The value of the oil bill in Q1 2022 increased to JD761 million compared to JD510 million in the same period of 2021.
  • Jordan’s crude oil import amounted to JD126 million, followed by gasoline with JD142 million and kerosene with JD9 million.

Jordan’s oil bill went up by 49.1 percent in Q1 2022, compared to the same period in 2021, the Department of Statistics (DoS) said Monday.

The report said the value of the oil bill in Q1 2022 increased to JD761 million compared to JD510 million in the same period of 2021.

Mineral fuels and other mineral oils topped the list of Jordan’s oil imports, amounting to JD317 million, followed by diesel with JD158 million.

Jordan’s crude oil import amounted to JD126 million, followed by gasoline with JD142 million, kerosene with JD9 million, and lubricants with JD8 million.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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