Tag: Brent
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Oil prices rise by 1%, and Brent crude is near $75
Oil prices rose about 1% during trading today, Monday, June 26 (2023), in an attempt to compensate for the losses incurred during the past week, due to concerns about supply shortages. This comes after Russia witnessed the Wagner rebellion over the weekend, which raised concerns about political instability in one of the largest oil producers…
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Oil prices are falling for the second day, and Brent crude is below $74
Oil prices fell, during trading today, Friday, June 23 (2023), to continue bleeding losses for the second session in a row, amid fears of a global recession that may limit demand. Oil markets are heading for a weekly decline of more than 3%, with a higher-than-expected rise in interest rates in Britain and warnings of…
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The global price of a barrel of oil is falling… and Brent crude is below $76 – (update)
The global price of a barrel of oil declined by about 2%, at the end of today, Tuesday, June 20 (2023), after China cut interest rates on lending by a less than expected percentage, which raised concerns about the outlook for oil demand in the largest importer of crude in the world. Crude oil prices…
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The global price of a barrel of oil rises 2%… and Brent crude is above $77 – (update)
The price of a barrel of oil rose globally by about 2% at the end of trading today, Wednesday, June 21 (2023), in an attempt to compensate for the losses it suffered during the previous two sessions. And oil prices received support from the statements of the Federal Reserve Chairman, the possibility of adopting more…
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The global price of a barrel of oil is rising… and Brent crude is above $76
The price of a barrel of oil rose globally during trading today, Wednesday, June 21 (2023), in an attempt to compensate for the losses it suffered during the previous two sessions. Expectations that the head of the Federal Reserve will present a plan to revive the economy, confront inflation, and the possibility of a decline…
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The global price of a barrel of oil is declining… and Brent crude is below $76
The price of a barrel of oil fell globally, today, Tuesday, June 20 (2023), after China cut interest rates on lending by less than expected, which increased concern about the outlook for oil demand in the largest importer of crude in the world. Crude oil prices closed down on Monday, driven by concerns about the…
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The global price of a barrel of oil is declining… and Brent crude is near $76
The price of a barrel of oil declined globally, during trading today, Monday, giving up some of the gains it achieved last week, amid fears of an economic recession. Questions about China’s economy overshadowed the OPEC+ production cuts, and the seventh consecutive decline in the number of oil and gas rigs operating in the United…
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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 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…
