Four Ukrainian provinces that Russia unilaterally annexed last year are preparing to hold Russian-led elections. It is part of the Russian regional elections, which end on October 10. In June, the European Union accused Russia of planning elections in Donetsk, Lugansk, Zaporizhia and Kherson. It said such a move would “seriously violate the United Nations … Read more
Goldman Sachs said in a report dated 22nd that a decline in commercial inventories in OECD member countries could push up its end-2023 North Sea Brent price forecast of $86 a barrel by $2. pointed out. Taken at the New York Stock Exchange in 2021. (2023 REUTERS/Andrew Kelly/File Photo) (Reuters) – Declining commercial inventories in … Read more
I wrote – Marwa Al-Ghoul Tuesday, August 15, 2023 09:00 PM I retracted prices oil In early trading today, ahead of a string of economic data from China that would provide clues to expectations of any recovery in demand from the world’s largest oil importer. US West Texas Intermediate crude fell 11 cents, or 0.13%, … Read more
I wrote – Marwa Al Ghoul Monday, August 14, 2023 02:00 PM Oil prices recorded today, Monday, $85.73 a barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures recorded $82.12 a barrel. The Kingdom of Bahrain welcomed the United Nations announcement of the completion of the withdrawal of crude oil from … Read more
In the United States, the rise in the producer price index (PPI) accelerated in July. The strength of certain service categories was the main driver. Last month’s figures were revised downwards. Key point July PPI up 0.3% month-on-month Economists forecast up 0.2% Market forecast up 0.7% YoY, up 0.8% YoY Excluding food and energy Core … Read more
WTI crude futures rose above $83, supported by speculative orders. after the price fell yesterday At 7:07 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in September. Which traded on the NYMEX plus $ 0.32, or 0.39%, to $ 83.14 / barrel. WTI oil prices plummeted nearly 2% yesterday amid concerns about … Read more
WTI Crude Oil Continues to Fall Recently dropped to $ 83, while investors took profits. after the previous price increase At 1:25 a.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in September. which traded on the NYMEX, minus $ 1.52, or 1.18%, to $ 82.89 / barrel. WTI oil prices rose earlier. … Read more
WTI crude futures slipped to a positive range after US crude stockpiles rose more than expected last week. At 11:04 p.m. Thai time, West Texas Crude Oil Contract (WTI) for September delivery Which traded on the NYMEX plus $ 0.72, or 0.87%, to $ 83.64 / barrel. The U.S. Energy Information Administration (EIA) said U.S. … Read more
The Ukrainian military attacked a Russian oil tanker and a Russian naval amphibious ship with a surface drone over the weekend, suggesting that the fighting is about to escalate. The Ukrainian attack threatens Russia’s commodity exports through the Black Sea for the first time. Russia transports most of its world grain exports and 15-20% of … Read more
Russia’s Black Sea port of Novorossiysk was shut down for hours after a Ukrainian drone strike. The port is a major export hub for oil and grains, and it is the first time operations have been halted due to war. The Russian Ministry of Defense explained that it was attacked by two water drones from … Read more