Al-Marsad Daily: Oil prices rose Wednesday, offsetting losses suffered in the previous session as investors turned to assets that carry high risks such as primary commodities, amidst equity market gains and the emergence of signs of renewed demand in China, the largest oil importer. Oil prices also received a boost from risk appetite, which rebounded … Read more
Al-Marsad Daily: Oil prices changed their course to the downside in trading today, Wednesday, despite losses incurred early in the trade. At 07:00 GMT, Brent crude futures were up 64 cents, or 0.68%, to $ 94.93 a barrel. The price of US West Texas Intermediate crude oil futures rose 37 cents, or 0.41%, to $ … Read more
Al-Marsad newspaper – companies: Strength Minister Prince Abdulaziz bin Salman explained coalition’s first oil provide slice in far more than a year displays the alliance is really serious about taking care of world wide markets of crude oil and is ready to choose proactive steps. “This decision is an expression of the willingness to use … Read more
Oil futures fell nearly 4% below a nearly one-month low of $ 100 a barrel in light of plans to release record quantities of crude oil and petroleum products from strategic reserves of the United States and other member states of the International Energy Agency (IEA), and due to ongoing coronavirus lockdowns in a number … Read more
Oil prices stabilized on Friday, after a meteoric rise the day before, slowed down by Western sanctions against Moscow without scope for the moment on Russian energy supplies. Around 10:30 a.m. GMT (11:30 a.m. in Paris), the price of a barrel of Brent from the North Sea for delivery in April climbed 0.09% to 99.17 … Read more
They also prepared retaliatory measures that would harm the Russian economy. The EU is ready to discuss gas supplies with the US, Qatar and Azerbaijan / REUTERS photo – The European Union has developed a plan of action in case Russia cuts off supplies gas to Europe. about it in his blog Vice-President of the … Read more
This Monday, the attention will return to the meeting between the oil-producing countries. The OPEC meeting comes with a barrel of Brent over $ 79 due to the rise in energy prices in Europe and the global tension in gas prices. The benchmark oil in Europe thus stands at levels not seen in three years … Read more
The value of a barrel listed in New York for delivery in May fell below zero on Monday as investors and speculators desperately seek to get rid of some barrels of US oil in a saturated market. As this contract expires on Tuesday at the close, those who hold it must find physical buyers as … Read more
February 18, 2021 at 6:00 a.m. Paid content: Altbier from Düsseldorf : Beer production declines – Peter König, boss of the Füchschen, sits in his brewery in the cold store between full beer barrels. Photo: dpa / Marcel Kusch – – Düsseldorf. The home breweries shut down their productions in lockdown because restaurants and bars … Read more
Perhaps the horizon for oil prices is encouraging. With the fall of the global economy due to the pandemic of the new coronavirus, this past week it was observed how Brent was struggling to stay in the range of $ 42 per barrel, although it finally failed and ended at $ 40. But different organizations … Read more