Tag: 1.5.
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Oil prices rise 1.5%.. Brent crude is above $81 – (Update)
Oil prices rose, at the end of trading today, Thursday, July 13 (2023), to continue to reap gains for the third day in a row, amid hopes for a recovery in demand. This came after US inflation and economic data raised hopes that the Federal Reserve might have fewer hikes in interest rates, with the…
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Crude oil prices rise 1.5%.. Brent is above $75 a barrel – (Update)
Crude oil prices rose by about 1.5% at the end of trading today, Monday, May 15 (2023), in an attempt to compensate for the losses incurred during the past 3 sessions, amid expectations of scarce supplies. Bullish sentiments about shrinking supplies from OPEC+ cuts and resumption of buying in the US to shore up the…
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Crude oil prices are down 1.5%… Brent is below $80 – (Update)
Crude oil prices fell globally by about 1.5%, at the end of the day, Monday, May 1 (2023), affected by economic tensions related to the prospects of the US Federal Reserve raising interest rates again. Crude prices were also affected by weak Chinese manufacturing data, at a time when the market expects a crisis with…
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Crude oil prices are down 1.5%… and Brent is near $84
Crude oil prices fell for the second consecutive session today, Wednesday, February 15 (2023), amid fears of lower demand. A much larger-than-expected rise in US oil inventories and expectations of an interest rate hike raised concerns about the possibility of weaker fuel demand and an economic recession. Crude oil prices today By 07:28 a.m. GMT…
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Oil prices rise by more than 1.5%.. Brent crude is above $85 – (Update)
Oil prices rose by more than 1.5% for the third consecutive session at the end of trading today, Wednesday, February 8 (2023), with optimism about the demand for crude and the decline of the US dollar. This comes despite the rise in oil stocks in the United States for the seventh week in a row,…
