Category: Petroleum Prices

  • Fuel prices in Qatar for the month of April 2023…gasoline declined and diesel remained stable

    Fuel prices in Qatar for the month of April 2023…gasoline declined and diesel remained stable

    It is scheduled that fuel prices in Qatar for the month of April 2023 will witness a decline in the price of premium gasoline, after its stability during this March. Today, Friday, March 31, the Qatar Energy Company announced the new gasoline and diesel prices in the country, which are scheduled to start tomorrow, Saturday,…

  • Gasoline prices in Jordan for the month of April 2023 recorded the first decline in 3 months

    Gasoline prices in Jordan for the month of April 2023 recorded the first decline in 3 months

    Gasoline prices in Jordan for the month of April 2023 are scheduled to witness the first decline in 3 months, after stabilizing during this March, following their rise in February. The decline in fuel prices in Jordan next month coincides with the decline in average prices of crude oil and derivatives during this March, compared…

  • Crude oil prices rise 2%… and Brent is above $79 – (Update)

    Crude oil prices rise 2%… and Brent is above $79 – (Update)

    Crude oil prices rose by about 2%, at the end of today’s trading, Thursday, March 30, 2023, to record the highest level in more than two weeks. This comes as investors closely await developments in Iraqi Kurdistan’s oil exports, at a time when a sudden drop in US oil inventories compensated for a less-than-expected drop…

  • Crude oil prices are rising… and Brent is above $78

    Crude oil prices are rising… and Brent is above $78

    Crude oil prices rose, during today’s trading, Thursday, March 30, 2023, to reap gains, after recording its first loss in 3 days during the previous session. This comes as investors closely await developments in Iraqi Kurdistan’s oil exports, at a time when a sudden drop in US oil inventories compensated for a less-than-expected drop in…

  • Crude oil prices decline for the first time in 3 sessions – (Update)

    Crude oil prices decline for the first time in 3 sessions – (Update)

    Crude oil prices fell at the end of trading today, Wednesday, March 29 (2023), to fall for the first time in 3 consecutive sessions, with the issuance of the US inventory report. Crude prices rose during trading, after the US Energy Information Administration showed that oil inventories in the United States decreased by 7.5 million…

  • Crude oil prices are rising… and Brent is above $79 a barrel

    Crude oil prices are rising… and Brent is above $79 a barrel

    Crude oil prices rose during trading today, Wednesday, March 29 (2023), for the third consecutive session, amid fears of supply shortages. This came with the cessation of some exports from Iraq after the decision of the International Tribunal in favor of Baghdad in its dispute with Ankara over the oil of the Kurdistan region. Crude…

  • Crude oil prices rise to the highest level in two weeks – (Update)

    Crude oil prices rise to the highest level in two weeks – (Update)

    Crude oil prices rose, at the end of trading today, Tuesday, March 28 (2023), to record the highest level in two weeks, amid fears of a supply shortage. Crude prices had started their morning trading on a decline due to the focus on the developments of the banking crisis that affected several international banks, and…

  • Crude oil prices are turning higher… and Brent is near $79 (update)

    Crude oil prices are turning higher… and Brent is near $79 (update)

    Crude oil prices turned higher today, Tuesday, March 28 (2023), to continue to reap gains for the second consecutive session, amid fears of a supply shortage. Crude prices had started their morning trading on a decline due to the focus on the developments of the banking crisis that affected several international banks, and the demand…

  • Crude oil prices jump 5%.. Brent exceeds $78 – (Update)

    Crude oil prices jump 5%.. Brent exceeds $78 – (Update)

    Crude oil prices rose by more than 5%, at the end of trading today, Monday, March 27 (2023), with fears of a shortage of supply and signs of stability in the financial markets. Crude prices rose, after Turkey stopped Iraqi Kurdistan oil exports through pipelines, in implementation of a court ruling in favor of Baghdad.…

  • Crude oil prices are rising… and Brent is above $75

    Crude oil prices are rising… and Brent is above $75

    Crude oil prices rose, during today’s trading, Monday, March 27 (2023); Investors seek signs of stability in the financial markets. Prices were also supported by comments from Russian President Vladimir Putin over the weekend; This exacerbated geopolitical tensions in Europe, which raised fears of a supply shortage. Crude oil prices today By 07:57 a.m. GMT…