all available information about oil wealth
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Oil prices are turning lower… and Brent crude is below $77 (update)
Crude oil prices turned down again, after they had risen in the beginning of today’s trading, Monday, May 29, 2023, supported by US President Joe Biden and House Speaker Kevin McCarthy reaching a preliminary agreement on the debt ceiling in the United States, which would To protect the country with the largest economy in the…
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Russian oil leads Asia’s imports to the highest level in 2023
Shipments of Russian oil pushed Asia’s crude imports to a record high in May 2023, in light of the continued growth of purchases by China and India, which are benefiting from attractive discounts offered by Moscow following Western sanctions imposed on it over its war in Ukraine. Asia’s oil imports are expected to rise to…
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Saudi Arabia’s imports of Russian diesel recorded a record jump
Saudi Arabia’s imports of Russian diesel reached a record level in May (2023), benefiting from the discounts offered by Moscow, after the European Union banned Russian exports of seaborne oil products on February 5 of this year, as part of a series of Sanctions in response to the war in Ukraine, which aim to reduce…
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W USA ceny ropy spadają w reakcji na możliwą większą podaż surowca
Czysto naftowe fundusze ETF są zasadniczo funduszami, których cena jest doskonale powiązana z aktywem bazowym – ropą naftową – i dokładnie replikuje cenę surowca. Na przykład, depozyt zabezpieczający na poziomie 10% oznacza, że musisz zdeponować tylko 10% wartości transakcji, którą chcesz otworzyć, a reszta zostanie pokryta przez dostawcę kontraktów CFD. Jeśli chcesz otworzyć transakcję CFD…
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Crude oil prices rise with the support of the “debt deal”… and Brent exceeds $77
Crude oil prices rose today, Monday, May 29, 2023, after US President Joe Biden and House Speaker Kevin McCarthy reached a preliminary agreement on the debt ceiling in the United States, which would protect the country with the largest economy in the world and the largest consumer. oil globally, from faltering. Although benchmark Brent crude…
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Sources reveal the fuel price plan in Egypt before an official (private) meeting
The Automatic Pricing Committee for Oil Derivatives is preparing for a meeting to set fuel prices in Egypt, during the first week of next July (2023), a meeting that comes after a few weeks of moving diesel prices alone, which raises speculation about trends. The government towards moving prices again, or not. Informed sources revealed,…
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Developments of the Oil and Gas Sector in Iran within the Seventh Development Plan (Article)
Read in this article • The plan aims primarily to address the biggest economic problems facing the country • The Sixth Development Plan faced major challenges in the petroleum industry • The policies of the Seventh Development Plan do not provide a clear pattern of development and transformation in the oil and energy sector •…
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Investment in the Algerian energy sector attracts a Saudi company
The Algerian energy sector continues to attract foreign investments and the attention of regional and international companies, especially operating in the oil, gas, petrochemical and fuel sectors, with the aim of establishing joint investment projects, given the promising opportunities that this sector provides that predict huge investments that generate returns that energy companies are looking…
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Will crude oil prices decline in the second half of 2023? Anas Al-Hajji answers
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that crude oil prices raise questions during the second half of this year (2023), with speculation about a further decline. Al-Hajji added – during an episode of the program “Energy humanitiesHe presented it on Twitter with the headline “Energy Markets in the Second Half…
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Crude oil prices fall by more than 3%.. Brent is below $77 a barrel – (Update)
Crude oil prices fell by more than 3%, at the end of trading today, Thursday, May 25, 2023, in light of the uncertainty about whether the United States will avoid debt default, and possible OPEC + cuts. House Speaker Kevin McCarthy said, today, Thursday, May 25, that the negotiations witnessed some progress, but many issues…