Falling oil prices

Oil falls in weak trading conditions as supply concerns ease

by

Oil markets have been hit multiple times in recent weeks by uncertainties about demand in China, the upcoming ban on exports from Russia and the decision by the Organization of the Petroleum Exporting Countries and its allies to cut production. Prices also fluctuated due to the accumulation of worries about the slowdown in the global … Read more

Oil is falling due to the US-China tension

by

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Demand for fuel fell after the Corona virus pandemic prompted governments to impose restrictions on movement, and companies closed their doors.. Oil has risen in recent days as activity resumed, but prices fell after China said on Friday it would not issue … Read more

Oil prices are rising … with the easing of isolation measures

by

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Global fuel demand fell by about 30 percent in April, largely due to stay-at-home orders, and weak consumption is expected to keep excess supply on the market for months even as major global producers cut production from May 1. But analysts said … Read more

Brent is recovering from its lowest level in 20 years … and a jump in US oil

by

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Oil trading witnessed the biggest fluctuations in the past days, while the growing glut of supply affects the markets with a sharp drop in demand amid orders from governments around the world to people to stay in their homes to stop the … Read more

After Black Monday … US oil rises with “strength”

by

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " At the beginning of the session, the price of West Texas Intermediate crude for June delivery increased by 18.93 percent to 13.76 dollars per barrel, in the wake of heavy losses in New York on Tuesday. The price of West Texas Intermediate … Read more

A “Great Leap” of Oil Prices Sky News Arabia news

by

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " The American President vowed, Donald Trump, Monday, in steps "Great" To protect the world’s largest economy from the spillover effects Corona Virus. And she said The Japanese government It plans to spend more than $ 4 billion in a second package that … Read more

Oil prices plunged to the lowest level in 13 months

by

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Oil fell more than 25 percent from its peak in January, and declined American raw From the level of $ 50 a barrel, after a virus outbreak Sk They damaged the demand for crude in the world’s largest oil importer, China, and … Read more