Oil prices recorded $82.19 per barrel for Brent crude futures, and US West Texas Intermediate crude futures recorded $76.84 per barrel upon settlement on Friday, as prices achieved weekly gains of about 6%. The United States announced the imposition of new sanctions on entities related to the Russian oil and diamond sectors, according to Cairo … Read more
Early transactions today, Thursday, January 4, 2024, witnessed a new rise in oil prices, with Middle Eastern countries fearing a halt to supplies due to the cessation of Libyan field production and the escalation of ongoing war events in various countries. This morning, Brent crude oil rose to record a price of 75.89 US dollars … Read more
Fear prevails in the Middle East region during this period, with escalating tension in Asian trading as a result of the turmoil in oil trading in the last trading sessions, as prices for all types of crude oil rose by about $2 due to the deteriorating political situation on the scene during this period. Brent … Read more
Fear prevails in the Middle East region during this period, with escalating tension in Asian trading as a result of the turmoil in oil trading in the last trading sessions, as prices for all types of crude oil rose by about $2 due to the deteriorating political situation on the scene during this period. Brent … Read more
Demand for US West Texas Intermediate (WTI) crude oil rose during Monday’s session to record a price of $73.49 per barrel, indicating the possibility of an increase of $75 per barrel in the coming hours, according to experts’ expectations, which will attract more capital to the oil market. The price of Brent crude also rose … Read more
Today, oil prices witnessed a decline in the Friday session before the weekend and Christmas, amid expectations that Angola will increase production after its withdrawal from OPEC Plus due to its differences with the Kingdom of Saudi Arabia, but the opposite happened and prices rose during the week supported by positive sentiments in the American … Read more
Oil prices varied today, Tuesday, December 19, 2023, between a decline in US crude and an increase in the price of Brent crude futures, which continued the gains it achieved in the previous session. The Houthi attacks on Red Sea ships disrupted maritime trade and forced some companies to reroute ships. The price of Brent … Read more
Written by: Marwa Al-Ghoul Saturday, December 9, 2023 02:00 PM registered Oil prices $75.84 per barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures contracts recorded $71.23 per barrel upon settlement on Friday, as prices rose by about 3%, but recorded losses on a weekly basis for the seventh week in … Read more
Today, Friday, the first of December, witnessed a decline in oil prices in Asian trading, with prices continuing the losses that began due to the cuts that came suddenly to the Asian market, which came as a result of the oil producers in the OPEC+ alliance agreeing on voluntary cuts in oil production by 2024 … Read more
I wrote – Marwa Al Ghoul Saturday, 08 April 2023 02:00 PM registered Oil prices Weekly gains for the third week in a row, as the global benchmark crude recorded $85.12 a barrel, and the US West Texas Intermediate crude recorded $80.70 a barrel. And the Russian Ministry of Finance announced a decrease in revenues … Read more