Signs of an economic slowdown are flashing in the global diesel market. The number of trucks on China’s highways has dropped significantly in recent weeks. In Europe, the premium for diesel to crude oil futures recently fell sharply to its lowest level in more than a year. U.S. demand is expected to decline 2% this … Read more
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
Former Treasury Secretary Summers has warned of “ominous” signs that the United States is losing its international influence. He said he has the support of countries and regions that have not yet established their positions, with multiple powers outside the United States banding together. “There’s a growing acceptance of division, and what’s worse, there’s a … Read more
WTI Crude Oil Continues Rising Recently, it soared almost 2%, breaking through the $ 83 level after the US revealed lower-than-expected inflation numbers. This will slow down the interest rate hike by the US Federal Reserve (Fed). At 11:10 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in May. which traded on … Read more
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
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
Another challenge looms for monetary authorities trying to keep inflation under control. Surprise production cuts decided by “OPEC Plus”, which consists of the Petroleum Exporting Organization (OPEC) and major oil-producing countries that are not members. Crude oil prices are on the rise again, and the financial authorities are likely to be forced to make a … Read more
The OPEC Plus, which consists of the Organization of the Petroleum Exporting Countries (OPEC) and major oil-producing countries that are not members of the Organization of the Petroleum Exporting Countries (OPEC), decided to coordinate production cuts on the 2nd, and the outlook for crude oil prices was forced to be revised. $100 a barrel is … Read more
WTI crude futures rose above $74 as investors watched tonight’s Personal Consumption Expenditure (PCE) price index and the Petroleum Exporting Countries (OPEC) meeting and its allies. or OPEC Plus next week At 7:21 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in May. which traded on the NYMEX plus $ 0.49, or … Read more
The US stock market continued to rise on the 30th. Fed officials reiterated their commitment to curb inflation, but were bought mostly by technology stocks. stock closing price Compared to the previous business day Rate of change S&P 500 Stock Index 4050.83 23.02 0.57% Dow Jones Industrial Average 32859.03 141.43 0.43% NASDAQ Composite Index 12013.47 … Read more