Category: Petroleum Prices
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The global price of a barrel of oil is down by more than 4%… and Brent crude is under $72 – (update)
The price of a barrel of oil declined globally by more than 4%, at the end of trading today, Monday, June 12 (2023), for the third session in a row, amid fears of a decline in demand due to the increase in interest rates in many countries; This indicates a high rate of inflation and…
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The global price of a barrel of oil jumps by more than 3%… and Brent crude is above $75 – (update)
The price of a barrel of oil rose globally by more than 3%, at the end of trading today, Thursday, June 15 (2023), with the decline of the US dollar, and amid fears of a shortage of supplies after Saudi Arabia pledged to provide additional production cuts by one million barrels per day next July.…
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The global price of a barrel of oil rises by more than 1.5% and records weekly gains – (Update)
The global price of a barrel of oil rose by more than 1.5%, at the close of trading today, Friday, June 16 (2023), amid hopes for a recovery in demand in China, the largest importer of crude in the world. It is expected that the weekly oil market losses will stop, after declining for two…
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The global price of a barrel of oil is rising… and Brent crude is near $76
The price of a barrel of oil rose globally, during trading today, Friday, June 16 (2023), amid hopes for a recovery in demand in China, the largest importer of crude in the world. It is expected that the weekly oil market losses will stop, after declining for two consecutive weeks, amid fears of a shortage…
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A report expects an increase in oil prices and a decrease in supply by 2 million barrels per day
A recent report sheds light on the developments in oil prices, according to global oil stocks that have not witnessed a decline due to the abundance of supply in the markets. The report – issued by the Swiss investment bank “UBS” – confirmed that although demand for oil remains strong, supply from several locations witnessed…
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The global price of a barrel of oil is rising… and Brent crude is above $73
The price of a barrel of oil globally turned higher, during trading today, Thursday, June 15 (2023), in an attempt to compensate for the losses it suffered during the previous session, amid fears of a supply shortage after Saudi Arabia pledged to provide additional production cuts by one million barrels per day in July. next.…
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The global price of a barrel of oil falls 1.5%, with the rise in US inventories – (update)
The global price of a barrel of oil decreased by more than 1.5% at the end of trading today, Wednesday, June 14 (2023), after the rise in US inventories, and the Federal Reserve’s decision to keep interest rates unchanged, for the first time since March 2022. The International Energy Agency raised expectations for oil demand…
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The global price of a barrel of oil is rising… and Brent crude is near $75
The price of a barrel of oil rose globally during trading today, Wednesday, June 14 (2023), to continue to reap gains for the second day in a row, amid fears of a supply shortage after Saudi Arabia pledged to provide additional production cuts by one million barrels per day next July. Today, Wednesday, investors are…
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The global price of a barrel of oil rises by more than 3%… and Brent crude is above $74 – (update)
The price of a barrel of oil jumped globally by more than 3%, at the end of today’s trading, Tuesday, June 13 (2023), after the recent decline to compensate for most of the losses it lost in yesterday’s trading, due to the search for deals, but the rise is still limited, with the movements of…
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The global price of a barrel of oil is rising… and Brent crude is above $72
The global price of a barrel of oil began to move upwards, at the beginning of today’s trading, Tuesday, June 13 (2023), after the recent decline, to regain some of the ground it lost in yesterday’s trading, due to the search for deals, but the rise is still limited, with the movements of investors. Cautious,…
