Tag: barrel
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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,…
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The 2023 budget estimates the price of a barrel of Iraqi oil at $70
Iraq’s 2023 budget estimated the price of a barrel of Iraqi oil at $70, amid fears of the impact of stopping exports from the Kurdistan region on the country’s public revenues, as an international court ruling against Turkey halted the flow of 450,000 barrels per day towards the port of Ceyhan. Late yesterday, Sunday, June…
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The global price of a barrel of oil is down 1%, and Brent crude is down $74
The price of a barrel of oil declined globally by about 1% during trading today, Monday, June 12 (2023), for the third consecutive session, amid fears of a decline in demand due to the increase in interest rates in many countries, which indicates a rise in inflation and heralds a global economic recession. This comes…
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The global price of a barrel of oil declined for the first time in 4 consecutive sessions – (Update)
The global price of a barrel of oil returned to decline, at the end of trading today, Tuesday, June 6 (2023), for the first time in 4 consecutive sessions, giving up the gains it achieved during recent trading, at a time when concerns about the global economic recession increased, and the possibility of a decline…
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The global price of a barrel of oil falls 1.5% and records weekly losses – (update)
The price of a barrel of oil fell globally by more than 1.5%, at the end of trading today, Friday, June 9 (2023), after a volatile session, to continue to decline for the second day in a row, which prompted it to record its second weekly loss, amid fears of an economic recession that might…
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The global price of a barrel of oil falls in a volatile session… and Brent crude is below $76 – (update)
The price of a barrel of oil fell globally by more than 1.5%, at the end of trading today, Thursday, June 8 (2023), to return to decline, after it rose in the previous session, supported by fears of a shortage of supply after Saudi Arabia pledged to cut production by about 1.5 million barrels per…
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The global price of a barrel of oil is rising… and Brent crude is above $77
The price of a barrel of oil rose globally, during trading today, Thursday, June 8 (2023), to continue to reap gains for the second session in a row, supported by fears of a lack of supply after Saudi Arabia pledged to cut production by about 1.5 million barrels per day during next July, which is…