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 significantly during trading on Monday, recording a price of 78.80 US dollars per barrel, with experts expecting the price of a barrel to reach 80 dollars during the coming period.
Read also:How do I pay rent? Ways to pay rent in easy steps via the Ejar platformViolent sweep | Strong activity on the black market and high demand for the dollar from major currency dealers.. Human Resources explains to beneficiaries the steps to add a dependent in the developed Social Security Kinder Cards. How much do they cost.. Kinder Cards biscuits. See the numbers 2023 Madrasati website Madrasati Tunisia website
Natural gas trading witnessed relative stability in prices, with natural gas futures recording a price of US$2.46 according to the latest prices.
Experts have explained that the rise in oil prices may lead to radical changes in the oil market, which the Kingdom of Saudi Arabia is considered one of its controllers, because it is an important member of OPEC+, which is the largest group of oil and petroleum exporting countries in the world.
According to experts, oil trading during this week is expected to be full of challenges and surprises as traders struggle for a fixed price in the markets due to the approaching holiday seasons and the increasing demand for oil in various countries.
Read also
-
How much are Western Union transfer fees from Saudi Arabia to Egypt?
-
Inquiry about a Saudi visa by passport number – Saudi Ministry of Foreign Affairs
-
Saudi Traffic | More than 1,400 illegal bicycles are detected throughout Saudi Arabia
-
The one-eyed man in Deira Al-Amyan…a Saudi proverb. Do you know its meaning?
- Is parking a car in front of your private home a violation? Saudi Traffic explains
- An Amiri pardon for the most famous defendant in a political case Kuwaiti authorities announce the release…
- Is there a program to find out who visited your profile on WhatsApp?
2023-12-25 09:02:00
#rise #global #oil #prices #Mondays #session #Saudi #Arabia #decisive #change…a #rise #in..
