Oil prices from the world’s leading brands continued to fall on Thursday due to data on the increase in stocks of raw materials in the United States last week. The market is also under pressure from news that Iran may soon resume talks on its nuclear program and the related lifting of restrictions on oil … Read more
Oil prices, which renewed their multi-year highs on Tuesday, fell after data from the American Petroleum Institute (API), which showed an increase in US inventories for the fifth consecutive week. According to the API, the country’s trade oil reserves increased by 2.318 million barrels last week after a jump of 3.294 million seven days earlier. … Read more
Oil prices rose to new multi-year highs on Monday due to limited global supply and high demand in the United States and other parts of the world, Reuters reports. Brent oil quotation reached a session high of $ 86.70 a barrel, the highest level reached since October 2018, informs News.ro. The price of West Texas … Read more
Oil prices hit new highs – – The energy crisis in the world has provoked a record rise in oil prices. In particular, US WTI hit its highest price since 2014. During trading on Monday, October 11, the price of a barrel of Brent crude rose 2% to $ 84.01. It reached such a mark … Read more
Фото: Getty Images Prices for “black gold” are gradually returning to the dock level – – The market was supported by the data on the decline in US oil inventories last week to the lowest level since 2018. World oil prices of reference grades continue to show growth on the last working day of the … Read more
Oil rises above $ 76 for the first time since July 14 – – Oil prices rose 3.5% on the day. Quotes are rising due to a decrease in US inventories and a hurricane. World oil prices rose sharply in trading on Wednesday, September 15 amid declining US inventories. Thus, November futures for Brent crude … Read more
Oil prices are rising – – Brent crude rose in price by almost 0.70%. The last time “black gold” was sold at such a price was at the beginning of August. And WTI oil rose by 1.64% at once. Brent crude oil futures for November delivery rose to $ 74.01 a barrel. This price was … Read more
Photo: Reuters Oil prices have collapsed – – After the OPEC + decision to increase production, oil prices have dropped by more than $ 4 today. World oil prices plummeted in trading on Monday, July 19. Thus, the cost of September futures for Brent on the London ICE Futures exchange fell by 5.7% to $ … Read more
Photo: Reuters (archived photo) Decrease in US oil reserves exceeded forecasts – – US crude oil inventories fell to 445.5 million barrels, the lowest level since February 2020. World benchmark oil prices rise moderately on data on declining US oil and fuel inventories. This is evidenced by the trading data on Friday, July 9. Thus, … Read more
The core of Monday’s proposal was to increase oil production by two million barrels per day between August and December. OPEC + also plans to continue the production cut of 10 million barrels per day by eight months, from April 2022 to December. Fang’s dilemma The emirates agree with countries such as Saudi Arabia and … Read more