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
Nowadays, Sunday, the Wall Street Journal discovered Russian opposition to cutting down oil generation at this time, suggesting that “OPEC Moreover” will preserve its oil creation stage when it meets tomorrow, Monday. Sources extra to the newspaper that Moscow is concerned that the production slash could mail a concept to oil consumers that the supply … Read more
Oil rates shut broadly flat on Friday, but endured a weekly loss on dollar energy and fear that the economic slowdown will weaken demand for crude. Brent crude oil futures stood at $ 96.72 a barrel, up just 13 cents. US West Texas Intermediate Crude Futures also rose 27 cents to $ 90.77. Both of … Read more
Jakarta, CNBC Indonesia – The delegation from the Organization of Petroleum Exporting Countries (OPEC) held a meeting with European Union (EU) officials on Monday, (11/4/2022). This meeting discussed the anticipation of shocks created by Russia on world oil supplies. Reported by Reuters, the meeting discussed the worst consequences of world oil supplies when the Russia … Read more
Jakarta, CNBC Indonesia – World oil prices fell again in trading this morning. Whereas yesterday the price of the black gold had gone up. On Wednesday (6/4/2022) at 07:05 WIB, the price of Brent oil was recorded at US$ 106.64/barrel. Down 0.83% compared to the previous day’s closing position. Meanwhile, the light sweet type or … Read more