The energy sector has achieved its first weekly gains in three weeks, thanks to the strong gains made by the energy sector.
This development is due to the recovery of oil prices after suffering losses during the COVID-19 pandemic and the lack of stability in global economic conditions. Energy companies are still facing several factors that have contributed to reducing their profits, unless the demand for oil improves and the global inventories decline, which has helped stabilize prices and pushed the sector to rise.
Regarding the future of the sector, experts remain optimistic about achieving additional gains thanks to improvements in the general economic conditions and the stabilization of oil prices.
