Oil Prices Climb as Optimism Over Chinese Demand Overshadows US Inventory Data Table of Contents Oil Prices Climb as Optimism Over Chinese Demand Overshadows US Inventory Data China Announces Monetary Easing in 2025 to Boost Economic Growth Interview: China’s Economic Stimulus and its Impact on Global Oil Markets Oil prices saw an upward trend in … Read more
Home economy Sunday, August 18, 2024 – 12:13 p.m Will oil prices tend to go down if Trump succeeds? Bilal Badr Oil prices fell about 2%, and Brent crude fell below $80 a barrel, amid a decline in investors’ expectations for growth in demand from China, the largest oil importer. Brent crude futures fell $1.36, … Read more
Oil prices achieved weekly gains in global markets, with Brent crude, the international benchmark, recording about 2.5% and 2.5% for US West Texas Intermediate crude. Oil prices rose significantly in the last sessions of March, Thursday, in light of the continuing geopolitical tensions in the world. Upon settlement on Thursday, US crude futures contracts rose … Read more
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
Written by – Marwa Al-Ghoul Thursday, February 1, 2024 02:00 PM Oil prices rose today, supported by the Federal Reserve’s hints about a possible start of interest rate cuts at a time when China unveiled new support measures for the faltering real estate market. Brent crude futures rose 43 cents, or 0.5%, to reach $80.98 … Read more
Written by – Marwa Al-Ghoul Wednesday, January 3, 2024 02:00 PM Recorded Oil prices today Wednesday, $76.11 per barrel for Brent crude futures, the US West Texas Intermediate crude futures recorded $70.64 per barrel, and prices witnessed a slight rise in early Asian trading. The European Investment Bank has allocated 400 million euros to support … Read more
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
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
Written by: Marwa Al-Ghoul Wednesday, November 22, 2023 02:00 PM registered Oil prices Today, Wednesday, Brent crude futures reached $82.23 per barrel, and US West Texas Intermediate crude futures reached $77.91 per barrel. Europe faces the winter of 2023-2024 with renewed confidence in its ability to ensure energy security, despite growing concerns arising from the … Read more
Written by – Marwa Al-Ghoul Sunday, November 19, 2023 02:00 PM Oil prices in global markets recorded weekly losses for the fourth week in a row, as Brent, the global benchmark, declined by about 1%, and US West Texas Intermediate (US) crude fell by about 1.6%. Oil prices recorded $80.61 per barrel for Brent crude … Read more