Oil market conditions: WTI oil closed down $1.89 on concerns that global economic activity is slowing down, dragging down oil demand.

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

Oil prices record $82.23 for Brent crude and $77.91 for American crude – Youm7

Oil prices record .23 for Brent crude and .91 for American crude – Youm7

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 oil price falls close to $77, profit-taking drags down the market

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

$76.39 for American crude…the most important global oil and gas price indicators – Youm7

.39 for American crude…the most important global oil and gas price indicators – Youm7

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

Weekly losses for oil prices in global markets… 1% for Brent and 1.6% for American crude – Youm7

Weekly losses for oil prices in global markets… 1% for Brent and 1.6% for American crude – Youm7

Written by – Marwa Al-Ghoul Sunday, November 19, 2023 02:00 PM Oil prices in global markets recorded weekly losses for the fourth week in a row, as Brent, the global benchmark, declined by about 1%, and US West Texas Intermediate (US) crude fell by about 1.6%. Oil prices recorded $80.61 per barrel for Brent crude … Read more

Oil prices fall amid signs of rising supplies from the United States – Youm7

Oil prices fall amid signs of rising supplies from the United States – Youm7

Written by: Marwa Al-Ghoul Sunday, November 19, 2023 01:00 AM decreased Oil prices Today, to continue the losses that began in the previous session, amid indications of rising supplies from the United States and concerns about declining energy demand from Asia. Brent crude futures fell 28 cents to $80.90 per barrel by 00:01 GMT, while … Read more

Latest Oil and Gas Prices and Market Trends – November 2023 Update

Latest Oil and Gas Prices and Market Trends – November 2023 Update

Written by – Marwa Al-Ghoul Thursday, November 16, 2023 05:00 AM The Organization of Arab Petroleum Exporting Countries published indicators Oil prices And its derivatives and natural gas prices, as the global benchmark Brent crude for January 2023 delivery recorded $82.20 per barrel, and West Texas crude oil recorded $77.92 per barrel for December 2023 … Read more

World Crude Oil Prices Close Higher After Iraq Supports OPEC+ Oil Cuts

World Crude Oil Prices Close Higher After Iraq Supports OPEC+ Oil Cuts

Jakarta, CNBC Indonesia – World crude oil prices closed higher on Friday (10/11/2023) after Iraq supported OPEC+ oil cuts. The price of WTI crude oil closed up 1.89% at US$77.17 per barrel, as did Brent crude oil which closed up 1.77% to US$81.43 per barrel. However, within a week oil prices were still corrected, the … Read more

Rising Oil Prices and Middle East Conflict: How It Could Impact Oil Supplies

Rising Oil Prices and Middle East Conflict: How It Could Impact Oil Supplies

Written by – Marwa Al-Ghoul Thursday, November 2, 2023 04:32 PM It rose Oil prices In early trading on Thursday, the conflict in the Middle East keeps investors worried about whether it could affect oil supplies in the region. Brent crude futures rose 38 cents to $85.01 per barrel, and US West Texas Intermediate crude … Read more

Israel-Gaza Conflict Escalates as Ground Operations Increase and Negotiations Progress

Israel-Gaza Conflict Escalates as Ground Operations Increase and Negotiations Progress

The Israeli military is increasing its ground operations in Gaza, a military spokesperson said. Internet and phone connections have been lost in Gaza, and Israel has stepped up airstrikes. Qatari satellite television station Al Jazeera reported that Qatar-mediated negotiations between Israel and Hamas to reach a ceasefire agreement and hostage exchange deal are progressing “rapidly.” … Read more