Written by – Marwa Al-Ghoul Thursday, December 14, 2023 02:00 PM It rose Oil pricesin early Asian trading today, continuing the gains that began in the previous session, supported by the decline in US crude inventories and the expectations of the US Central Bank that reducing borrowing costs will begin in 2024. The rise in … Read more
Less than two months after the United States eased sanctions on Venezuela in South America, a group of large tankers loaded with Venezuelan fuel oil have arrived in Asia, threatening to shake up the region’s energy markets. Three large crude oil tankers (VLCCs), each capable of carrying up to 2 million barrels, loaded and unloaded … 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 Thursday, December 7, 2023 02:00 PM I blinked Oil prices today Recording its lowest level since last June in light of increasing concerns about demand for crude as a result of a larger-than-expected rise in US gasoline stocks. The decline in Brent crude futures contracts amounted to $2.90, equivalent to 3.8%, … Read more
Written by: Marwa Al-Ghoul Tuesday, December 05, 2023 02:00 PM I witnessed Oil prices Today, it is stable following the voluntary production cuts of the OPEC+ alliance. Brent crude futures fell one cent to $78.02 per barrel, while US West Texas Intermediate crude futures rose five cents to $73.09 per barrel, according to the Omani … Read more
Saudi Arabia’s Energy Minister Abdulaziz said production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil producing countries “OPEC+” could “definitely” continue beyond March next year if necessary. Stated. He also said the production cuts would be fully implemented. The energy minister said supply cuts of more than 2 million barrels … Read more
West Texas crude oil (WTI) contracts in New York closed down more than 2% on Friday (Dec. 1) after adjusting to fluctuations this week. Meanwhile, investors are still keeping an eye on the situation of the latest round of oil production cuts in the OPEC+ group. and are concerned about stagnant manufacturing activity around the … 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
WTI crude futures fell near the $77 level today. While investors send orders to sell and take profit. After the price rose yesterday At 8:52 p.m. Thai time, the West Texas Crude Oil Contract (WTI) will be delivered in December. which was traded on the NYMEX market, minus $0.68, or 0.87%, to $77.15/barrel. WTI oil … Read more
Written by – Marwa Al-Ghoul Tuesday, November 21, 2023 02:00 AM published Organization of Arab Petroleum Exporting CountriesIndices for the prices of oil and its derivatives and natural gas prices, yesterday, Monday, as the global benchmark Brent crude for delivery in January 2023 recorded $81.13 per barrel, and West Texas crude recorded $76.39 per barrel … Read more