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
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
(MENAFN- Al-Anbaa) The price of a barrel of Kuwaiti oil fell by $1.60 to reach $84.71 per barrel in trading yesterday, Thursday, compared to $86.31 in trading the day before yesterday, according to the price announced by the Kuwait Petroleum Corporation. In global markets, Brent crude futures fell by $3.76 to reach $77.42 per barrel, … Read more
In general, the estimated price for Urals on FOB terms for delivery from the Baltic to India on November 17 fell to $58-59 per barrel. “Prices for Urals have come very close to the price ceiling and in some cases are lower, this is an obvious trend,” said the agency’s anonymous interlocutor. US sanctions against … Read more
Noha Makram – Live – The majority of US stocks opened higher today, Friday, adding to their strong gains during the week, against the backdrop of retail sales updates and a decline in oil, which Wall Street sees as signs of a slowdown in the economy. The S&P 500 index rose by approximately 0.1%, while … Read more
Ahmed Al-Demerdash – Mubasher: UAE financial market indices rose at the end of the week’s trading, amid increasing investor bets that the Federal Reserve has reached the end of its monetary tightening cycle, putting pressure on the dollar and Treasury bond yields. According to UAE financial market data, the Dubai Financial Market recorded gains during … Read more
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
Direct: Gold prices rose at the end of Tuesday’s trading, driven by the sharp decline in the value of the dollar and Treasury bond yields, amid investor optimism about the near end of the monetary tightening cycle. At the end of trading, futures prices for the yellow metal for December delivery rose by 0.85%, or … Read more
Competitive advantage in lithium Although efforts in this endeavor are still at an early stage, Exxon believes that its expertise in liquids exploration and processing could give the company a competitive advantage in sourcing lithium from underground saltwater deposits. Woods said last month that the opportunity to produce lithium from Arkansas’ “smack-over range” looks “increasingly … Read more
The two crude oils fell below the 100-day average price of $86.61 per barrel for West Texas Intermediate crude and $82.31 per barrel for Brent crude. Prices rose by about two percent on Friday, after Iraq expressed its support for the production cuts implemented by the OPEC+ group, but they fell by nearly four percent … Read more