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
On Monday, December 9, the global oil market witnessed a meaningful uptick, with West Texas Intermediate (WTI) crude oil futures in New York closing over 1% higher. This surge was propelled by a confluence of geopolitical tensions and economic policy shifts. The ouster of syrian President bashar Al-Assad and China’s announcement of a monetary policy … 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
WTI oil prices rise 3% above $70 amid concerns about tensions in the Middle East This could affect the amount of oil on the market. At 9:44 pm Thai time, the price of West Texas crude oil (WTI) for delivery in November. Added $2.17 or 3.18% to $70.34/barrel. Rear Admiral Daniel Hagari, a spokesman for … Read more
WTI oil prices rose more than 1%, passing through the $71 level in response to China’s announcement.Economic stimulus measureslong term, which is expected to help support oil demand in the market As of 11:22pm Thai time, pricecrude oilwest texas (WTI) Delivered in November. it added $0.97 or 1.38% to $71.34/barrel. The People’s Bank of China … Read more
WTI oil prices fell more than 1%, near the $72 level, without support from the release.oil stockUS crude fell more than expected last week. At 11:27 pm Thai time, the price of West Texas crude oil (WTI) for delivery in September. minus $0.99 or 1.35% to $72.18/barrel. The US Energy Information Administration (EIA) reported that … 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