Oil prices fell to their lowest level at the end of this year, and a barrel of Brent crude closed at $77 per barrel, which is low compared to what the oil-exporting countries, led by Russia and Saudi Arabia, had hoped for. A barrel of oil was unable to reach $100 in 2023, despite the … Read more
Oil prices fell to their lowest level at the end of this year, and a barrel of Brent crude closed at $77 per barrel, which is low compared to what the oil-exporting countries, led by Russia and Saudi Arabia, had hoped for. A barrel of oil was unable to reach $100 in 2023, despite the … Read more
Oil prices fell to their lowest level during the recent period before rising slightly over the past few days due to the decline of the dollar and the recovery of hopes for increased global demand, as they rose today, Monday, December 18, to levels of $80 from levels of $72 for Brent crude. Brent crude … Read more
Analysts at ANZ said in a note that the growth in global oil demand is heading towards recording 2.1 million barrels per day, which is consistent with the expectations of the International Energy Agency and the Organization of the Petroleum Exporting Countries (OPEC). Traders are awaiting monetary policy decisions by central banks, including the Federal … Read more