Tag: price
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Anas Al-Hajji: The US oil price may drop to $30 in this case (audio)
Energy platform editorial advisor, energy economist Dr. Anas Al-Hajji, revealed that US oil may be sold at 30 or 40 dollars a barrel, while global oil prices recently reached the level of 80 dollars, but that is in a specific case. Al-Hajji explained – during a new episode of the program “Energy humanitiesEntitled “Oil Quality……
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Qatar Energy raises the price of Al-Shaheen crude oil for April delivery
Qatar Energy Company intends to raise the official selling prices for Al-Shaheen crude for next April loading, after it recorded its lowest level in 21 months in March. Qatar is scheduled to increase the future price of Al-Shaheen crude in April by about $1.21, compared to next March shipments. Qatar Energy set the price of…
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Saudi Aramco raises the selling price of oil to Asia in March
Saudi Aramco announced the official selling prices for shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the month of March of this year (2023). The company decided to raise the official selling prices for Arab Light crude to Asia by 20 US cents to $2 per barrel,…
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The global price of a barrel of oil rises 1%… and Brent crude is near $81 – (update)
The price of a barrel of oil rose globally by more than 1% at the end of the day, Monday, February 6 (2023), after declining significantly during the past week, to its lowest level in 3 weeks. Oil prices fell by 8% over the past week, with increasing fears that slowing growth in major economies…
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Expectations that the price of a barrel of oil will return to $100 in 2023
Read in this article OPEC+ and OPEC do not publish oil price forecasts and do not have a price target Officials and ministers from OPEC and OPEC+ are often reluctant to formally discuss price direction Oil may rebound to around $100 in the second half of the year The OPEC+ alliance is likely to maintain…
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The Energy Information Administration raises oil price forecasts in 2023
The US Energy Information Administration raised its forecast for oil prices in 2023, and also strengthened its estimates for US crude production. And the Short-Term Energy Outlook report for February 2023 – issued today, Tuesday (February 7) – showed that the average price of West Texas Intermediate crude oil may reach $ 77.84 per barrel…
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The price of a barrel of Kuwaiti oil confuses the new budget of the Petroleum Corporation
The budget of the Kuwait Petroleum Corporation may witness a change during the new fiscal year (2023-2024), after the decline in the price of a Kuwaiti oil barrel in the new budget. Sources said that the budget of the Kuwait Petroleum Corporation and its subsidiaries for the next fiscal year, which is scheduled to begin…
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The global price of a barrel of oil rises 1% and records monthly losses – (Update)
The price of a barrel of oil rose globally by more than 1% at the end of trading today, Tuesday, January 31, amid anticipation of the position of central banks regarding raising interest rates, but it recorded monthly losses. This comes with expectations of a recovery in demand from China and despite fears of further…
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The global price of a barrel of oil falls 3% and records strong weekly losses – (update)
The price of a barrel of oil fell globally by more than 3% at the end of trading today, Friday, February 3 (2023), after strong job data in the United States, to record weekly losses for the second time in a row. US jobs data, which came in better than expected, raised concerns that the…
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The global price of a barrel of oil rises 2%… and Brent crude is above $83 (update)
The price of a barrel of oil rose globally by about 2% during trading today, Friday, February 3 (2023), after strong job data in the United States, but it is heading to record weekly losses for the second time in a row. Investors are seeking more clarity on the impending European ban on Russian refined…