Tag: prices
-
Gasoline prices in America are down 26% before the Memorial Day holiday
Gasoline prices in America continue to decline year-on-year, as global crude oil prices continue to decline, amid economic uncertainty and oversupply. A report issued by the US Energy Information Administration, today, Thursday, May 25, 2023, showed that the average retail price of regular gasoline – adjusted for inflation – in the United States was $…
-
Crude oil prices rise 2%… Brent is above $78 a barrel – (Update)
Crude oil prices rose by about 2%, at the end of trading today, Wednesday, May 24 (2023), to continue to reap gains for the third consecutive session, amid fears of a supply shortage. This comes after the decline in US oil stocks and fuel supplies, and Saudi Energy Minister Prince Abdulaziz bin Salman warned speculators…
-
Crude oil prices rise 1%, and Brent is near $78 a barrel
Crude oil prices rose by more than 1%, during trading today, Wednesday, May 24 (2023), to continue to reap gains for the third consecutive session, amid fears of a supply shortage. This comes after the decline in US oil stocks and fuel supplies, and Saudi Energy Minister Prince Abdulaziz bin Salman warned speculators of the…
-
Crude oil prices rise by more than 1% … and Brent is near $ 77 a barrel – (update)
Crude oil prices rose by more than 1%, at the close of trading today, Tuesday, May 23 (2023), for the second day in a row, supported by investor expectations of market restraint, in light of the seasonal increase in demand for gasoline. Investors also expected supply cuts by some OPEC+ producers, who announced a voluntary…
-
Gasoline prices in Syria rise by 20% for the second time in 2023
Gasoline prices in Syria recorded an increase of more than 20% at gas stations today, Tuesday, May 23 (2023), which is the second increase during the current year. Late yesterday evening, Monday, May 22, the Syrian government announced a move in the prices of gasoline and domestic gas by rates ranging between 20 and 30…
-
Crude oil prices are rising… and Brent is near $76 a barrel – (Update)
Crude oil prices rose for the first time in 3 consecutive sessions at the end of trading today, Monday, May 22, 2023, after a volatile session, amid fears of an economic recession that might limit demand. Caution about US debt ceiling talks and concerns about demand recovery in China offset support from lower supplies from…
-
Crude oil prices are down 1%… and Brent is below $75 a barrel
Crude oil prices fell by more than 1%, during today’s trading, Monday, May 22, 2023, amid fears of an economic recession that may limit demand. Caution over US debt ceiling talks and concerns about demand recovery in China offset support from lower supplies from Canada and OPEC+ producers. Crude oil prices today By 06:55 a.m.…
-
Crude oil prices are falling…and recording weekly gains – (Update)
Crude oil prices fell, at the end of trading today, Friday, May 19 (2023), but achieved the first weekly gain in 5 weeks. Crude prices had risen earlier in the day, as investors were cautiously optimistic about the fading risks of defaulting on US debt, but it seems that the results of the talks that…
-
Crude oil prices rise 1%, and Brent is near $77 a barrel
Crude oil prices rose about 1%, during today’s trading, Friday, May 19 (2023), in an attempt to get rid of the losses incurred in the previous session. This comes as investors are cautiously optimistic about the fading risk of a US debt default, while watching the fate of the talks being conducted by Congress. Crude…
-
Crude oil prices are down by more than 1%… and Brent is below $76 a barrel – (Update)
Crude oil prices fell by more than 1%, at the end of trading today, Thursday, May 18 (2023), amid fears of an economic recession that might affect demand. This comes as traders cautiously await signs of progress in talks to raise the US debt ceiling, which pushed the oil market higher in the previous session…