Oil Prices Today: Brent Crude Futures Reach $93.27 per Barrel, US West Texas Intermediate Crude Futures at $90.03 per Barrel

Oil Prices Today: Brent Crude Futures Reach .27 per Barrel, US West Texas Intermediate Crude Futures at .03 per Barrel

Written by – Marwa Al-Ghoul Monday, September 25, 2023 02:00 PM Recorded Oil prices Today, Monday, Brent crude futures reached $93.27 per barrel, and US West Texas Intermediate crude futures recorded $90.03 per barrel, as prices witnessed a slight rise today. Oil prices in global markets recorded weekly losses for the first time in a … Read more

Global Oil Demand Growth and Implications for US Interest Rates and Dollar Strength: Analysis and Price Action

Global Oil Demand Growth and Implications for US Interest Rates and Dollar Strength: Analysis and Price Action

Analysts at ANZ said in a note that the growth in global oil demand is heading towards recording 2.1 million barrels per day, which is consistent with the expectations of the International Energy Agency and the Organization of the Petroleum Exporting Countries (OPEC). Traders are awaiting monetary policy decisions by central banks, including the Federal … Read more

UN Completes Withdrawal of Crude Oil from Floating Tank “Saffer” off Yemen Coast: Bahrain and UAE Response

UN Completes Withdrawal of Crude Oil from Floating Tank “Saffer” off Yemen Coast: Bahrain and UAE Response

I wrote – Marwa Al Ghoul Monday, August 14, 2023 02:00 PM Oil prices recorded today, Monday, $85.73 a barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures recorded $82.12 a barrel. The Kingdom of Bahrain welcomed the United Nations announcement of the completion of the withdrawal of crude oil from … Read more

Oil prices rise as US debt ceiling bill approved and OPEC+ meeting looms

Oil prices rise as US debt ceiling bill approved and OPEC+ meeting looms

registered Oil prices 76.13 dollars a barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures recorded 71.74 dollars, as prices rose at the end of Friday’s trading by about 2.5%. The “Cairo News” channel reported that oil prices rose on Friday, amid a recovery in sentiment as a result of the … Read more

“Oil Prices Rise Amid Fading US Debt Default Fears and Caution Over Inflation”

“Oil Prices Rise Amid Fading US Debt Default Fears and Caution Over Inflation”

Oil prices are on the rise as fears of a debt default by Washington fade, a rise accompanied by caution resulting from inflation not falling as quickly as required. Oil prices are rising as fears of America’s debt repayment fade away International oil prices rose during trading today, Friday, after declining by more than 1% … Read more

Global Petroleum Situation Report: Forecasted Increase in Oil Supplies for 2023 Despite OPEC’s Decrease in First Quarter

Global Petroleum Situation Report: Forecasted Increase in Oil Supplies for 2023 Despite OPEC’s Decrease in First Quarter

Written by Marwa Al Ghoul Sunday, May 14, 2023 03:00 AM The latest forecast indicates Organization of the Petroleum Exporting Countries (OPEC), This led to a decrease in the total oil supplies of the group of producing countries from outside during the first quarter of 2023, by about 120 thousand barrels per day, compared to … Read more

“Russia’s Oil Exports Reach Record Highs, While Philippine Oil Spill Reaches Billion Peso Losses”

“Russia’s Oil Exports Reach Record Highs, While Philippine Oil Spill Reaches Billion Peso Losses”

I wrote – Marwa Al Ghoul Saturday, April 15, 2023 02:00 PM registered Oil prices 86.31 dollars a barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures recorded 82.52 dollars, as oil prices achieved their fourth consecutive weekly gain. The International Energy Agency report stated that Russian oil exports reached in … Read more

For the third successive week, oil prices have experienced weekly gains, marking it on the seventh day.

For the third successive week, oil prices have experienced weekly gains, marking it on the seventh day.

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

On the seventh day, Brent oil hit $84.64 while US crude reached $80.21.

On the seventh day, Brent oil hit .64 while US crude reached .21.

I wrote – Marwa Al Ghoul Thursday, 06 April 2023 02:00 PM Oil prices recorded today, Thursday, 84.64 dollars a barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures contracts recorded 80.21 dollars. Dr. Muhammad al-Bahwashi, an economist, said that OPEC’s decision to reduce its oil production causes inconvenience to the … Read more

Seventh consecutive day sees Brent at $77.85 and US crude at $72.83 in oil price records.

Seventh consecutive day sees Brent at .85 and US crude at .83 in oil price records.

I wrote – Marwa Al Ghoul Tuesday, March 28, 2023 02:00 PM registered Oil prices today Tuesday, $77.85 a barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures recorded $72.83, as prices rose today. The Organization of Arab Petroleum Exporting Countries published, “OAPECWeekly developments in the global oil markets in light … Read more