Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Table of Contents Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Russia-Ukraine Transit Deal Collapse: Europe Faces Winter Energy Crunch Understanding the Breakdown Immediate Impact on Energy Markets Securing Alternative Supplies Broader Geopolitical Implications The end of a crucial gas transit … Read more
Oil Prices Climb as OPEC Cuts Demand Forecasts Table of Contents Oil Prices Climb as OPEC Cuts Demand Forecasts Trump’s National Security Advisor predicts Major shift in U.S. Policy Toward Iran Oil prices have surged too new heights, with futures contracts for brent crude reaching $73.47 per barrel and West Texas Intermediate (WTI) crude hitting … Read more
The global oil market is on edge as tensions rise in the Middle east,notably in Syria. Experts are warning of potential price swings as the geopolitical landscape shifts. Simon Aloysius Mantiri, President Director of Indonesia’s state-owned energy giant Pertamina, acknowledged the complex factors at play. “The geopolitical situation, especially in the Middle East, is indeed … Read more
Oil prices dipped on Friday, marking the second consecutive week of losses. Brent crude futures settled at $71.12 per barrel, while US West Texas Intermediate crude futures closed at $67.20 per barrel, both showing a decline of over 1%. This downward trend comes as the OPEC+ alliance, which includes major oil-producing nations, decided to postpone … Read more
Oil Prices Dip Amidst Escalating Ukraine War and OPEC+ Production Plans Global oil markets saw a slight downturn on Friday, with Brent crude futures closing at $72.94 per barrel and U.S. West Texas Intermediate crude futures settling at $68. This decline, marking a roughly 3% weekly loss, comes against the backdrop of a tense geopolitical … Read more
I signed up Oil prices Brent crude futures recorded $73.06 per barrel, and US West Texas Intermediate crude futures $69.22 per barrel when settled on Friday, as prices recorded a weekly loss of more than 7%. Brent crude recorded a weekly loss of about 7%, and West Texas Intermediate crude recorded 8%, which is its … Read more
rose Oil prices In early Asian trade today, against a backdrop of fears of a possible disruption to supplies from the Middle East. Brent crude futures added 37 cents, or 0.5%, to $76.95 a barrel. And I went up Future contracts US West Texas Intermediate crude also rose 35 cents, or 0.5%, to 73.59 US … Read more
Written by – Marwa Al-Ghoul Sunday, July 28, 2024 02:00 p.m registered Oil costs International markets suffered weekly losses, as international benchmark crude oil declined Brent By greater than 1%, crude additionally declined West Texas The American common is about 3%. Oil costs recorded $81.13 per barrel for Brent crude futures contracts, whereas US West … Read more
Listed costs Oil World markets suffered weekly losses, as international benchmark crude oil declined Brent By about 1.7%, crude additionally declined West Texas The American median is about 1.1%. Oil costs recorded $85.03 per barrel for Brent crude futures contracts, whereas US West Texas Intermediate crude futures contracts recorded $82.21 per barrel when settled on … Read more
Houston. Oil costs rose about 2 % on Thursday because the European Central Financial institution’s (ECB) determination to chop rates of interest raised hopes that the US Federal Reserve (Fed) will implement the same measure. The European benchmark Brent contract rose 1.46 {dollars} (1.86 %) to 79.87 {dollars} a barrel. The US West Texas Intermediate … Read more