Tag: rose
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Crude oil prices rose after a volatile session… and Brent is above $77 – (Update)
Crude oil prices rose, at the end of trading today, Tuesday, May 9 (2023), after a volatile session, with optimism about fuel demand during the summer. The market remained cautious ahead of the US April inflation data, which will be key to the next Fed rate decision. And the US Energy Information Administration raised its…
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Türkiye’s imports of Russian diesel rose to their highest levels in 7 years
Turkey’s imports of Russian diesel jumped during March 2023, taking advantage of the cheap prices offered by Moscow in the wake of European sanctions. Flows exceeded 10 million barrels in March, nearly 50% more than in February, enough to meet the country’s demand for at least two weeks, according to information seen by the specialized…
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Revenues from Saudi oil exports rose 11% in December
Saudi oil export revenues increased, during last December, on an annual basis, supported by the rise in oil prices and the increase in exports compared to the same period in 2021. And official data – seen by the specialized energy platform – showed that Saudi Arabia’s oil revenues increased, in December, by approximately 11.1%, compared…