Oil prices recorded $77.04 per barrel for Brent crude futures, and US West Texas Intermediate crude futures recorded $71.65 per barrel upon settlement on Friday, as oil futures contracts fell more than 10% on the last trading day in 2023. Oil prices are heading to end 2023 with a decline of about 10%, recording the … Read more
This morning, Friday, December 29, 2023, saw US crude futures decline 1.1% to $73.29 per barrel. The decline in oil prices by more than 1% today came with the decline of concerns about shipping disruptions along the Red Sea route, in addition to the continued escalation of tensions in the Middle East. Read also: The … Read more
Marwa Al-Ghoul wrote Friday, December 22, 2023 02:00 PM I continued Oil pricesIt rose today, Friday, to record $80.07 per barrel in futures contracts for international crude oil. BrentUS West Texas Intermediate crude futures also recorded $74.59 per barrel. In a related context, Angolan Oil Minister Diamantino Azevedo said that his country will withdraw from … 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
The Saudi market index showed an increase of 1.2%; Until it closed at 11,543 points (+ 141 points), and the total value of trades reached 8.2 billion riyals. Also, the last sessions of the Saudi market resulted in FTSE Russell implementing its changes, according to its quarterly review of its indicators, and they will be … Read more
Everyone is awaiting special and exceptional surprises at the third session of the Muhr Jan Red Sea International Film Festival in Jeddah, Saudi Arabia, in terms of participating films and guests of honor, including international stars and honored stars. Global presence Hours before the start of the new session’s activities, international star Will Smith came … Read more
Oil prices recorded a weekly increase for the second time after developments in the Middle East increased market fears about the potential spread of the conflict, although US efforts to postpone the Israeli ground invasion of the Gaza Strip caused prices to fall on Friday. After resisting postponing what officials say is a massive military … Read more
Marwa Al-Ghoul wrote Friday, October 13, 2023 02:00 PM It rose Oil pricesToday, Friday, a barrel of global crude oil futures was recorded Brent $87.12, and US West Texas Intermediate crude futures recorded $84.11 per barrel. In another regard, Russian President Vladimir Putin said, during a joint statement with Kyrgyz President Sadr Japarov, following bilateral … Read more
Financial experts are convinced that the price of oil has fallen due to uncertainty in demand. Today, September 26, world oil prices have dropped significantly amid the announcement of important information about raw material reserves in America, reports Dialogue.UA with reference to data biddingcoming from various exchanges (ICE Futures, NYMEX, etc.). It recently became known … Read more
I think not everyone has read the report of the International Energy Agency today, so I will summarize what is important: The oil shortage will be stable until the end of the year for sure, and if OPEC+ does not reverse its decision to reduce production, it will remain at the beginning of 2024. What … Read more