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
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
In the US stock market on the 27th, the S & P 500 stock price index continued to rise for three business days. Financial stocks were bought as fears of widespread turmoil in the banking sector eased. Meanwhile, technology stocks fell. stock closing price Compared to the previous business day Rate of change S&P 500 … Read more
WTI crude futures rose more than 2% to $69 as investors fueled speculation. after the price plummeted earlier Amid concerns about stability in the banking system In addition, oil prices were supported by the weakening of the dollar. This will increase the attractiveness of the contract. By making oil contracts cheaper for holders of other … Read more
Written by Marwa Al Ghoul Sunday, March 19, 2023 02:00 PM registered Oil prices Global markets recorded weekly losses, as Brent crude, the global benchmark, fell by about 12%, and US West Texas Intermediate crude fell by about 13%. Oil ended the week’s trading with significant declines, as concerns about the banking sector prompted the … Read more
The US stock market fell back on the 17th. Global markets have been turbulent this week, with tech stocks benefiting from the turmoil. There are growing fears that the problems that rocked the banking sector could push the global economy into recession. stock closing price Compared to the previous business day Rate of change S&P … Read more
WTI crude futures fell after China set its economic growth target for this year at around 5%, below market expectations of 5.5%, fueling concerns that it will hurt demand from China. which is the world’s second largest oil consumer At 6:05 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in April. which … Read more
Russian state-owned pipeline company Transneft has started supplying Germany with crude oil from Kazakhstan through the Druzhba pipeline. (2023 REUTERS/Maxim Shemetov/File Photo) MOSCOW (Reuters) – Russia’s state-owned pipeline company Transneft began supplying Germany with crude oil from Kazakhstan on Monday through the Druzhba pipeline. On the other hand, crude oil supply to Poland, which is … Read more