Oil prices dipped on Friday, marking the second consecutive week of losses. Brent crude futures settled at $71.12 per barrel, while US West Texas Intermediate crude futures closed at $67.20 per barrel, both showing a decline of over 1%. This downward trend comes as the OPEC+ alliance, which includes major oil-producing nations, decided to postpone … Read more
Oil prices recorded $82.19 per barrel for Brent crude futures, and US West Texas Intermediate crude futures recorded $76.84 per barrel upon settlement on Friday, as prices achieved weekly gains of about 6%. The United States announced the imposition of new sanctions on entities related to the Russian oil and diamond sectors, according to Cairo … Read more
Early transactions today, Thursday, January 4, 2024, witnessed a new rise in oil prices, with Middle Eastern countries fearing a halt to supplies due to the cessation of Libyan field production and the escalation of ongoing war events in various countries. This morning, Brent crude oil rose to record a price of 75.89 US dollars … Read more
Fear prevails in the Middle East region during this period, with escalating tension in Asian trading as a result of the turmoil in oil trading in the last trading sessions, as prices for all types of crude oil rose by about $2 due to the deteriorating political situation on the scene during this period. Brent … Read more
Fear prevails in the Middle East region during this period, with escalating tension in Asian trading as a result of the turmoil in oil trading in the last trading sessions, as prices for all types of crude oil rose by about $2 due to the deteriorating political situation on the scene during this period. Brent … 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
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