Tag: Crude
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Crude oil prices are marginally declining… and Brent is below $85
Crude oil prices declined marginally during today’s trading, Friday, March 3 (2023), but are heading for weekly gains. The recovery of factory activity in China, the world’s largest oil importer, offset growing concerns about rising US crude inventories and the possibility of interest rate increases in Europe. Crude oil prices today By 07:35 a.m. GMT…
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Crude oil prices are declining… and Brent is near $84
Crude oil prices fell from the highest level in two weeks today, Thursday, March 3 (2023), after the rise in US inventories, which raises concerns about demand. The markets had traded higher, in an attempt to extend the gains from the previous two sessions, amid indications of a strong economic recovery in China, the world’s…
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Crude oil prices are falling… and Brent is below $83 – (Update)
Crude oil prices fell, at the end of trading today, Monday, February 27, to record the first drop in 3 consecutive sessions. This comes amid fears of an economic recession, which has offset gains arising from Russia’s plans to deepen oil supply cuts. Crude oil prices today At the end of the session, Brent crude…
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Crude oil prices are falling… and Brent is below $83
Crude oil prices fell, during today’s trading, Monday, February 27, with the rise of the US dollar. This comes amid fears of an economic recession, which has offset gains arising from Russia’s plans to deepen oil supply cuts. Crude oil prices today By 07:22 a.m. GMT (10:22 a.m. Mecca time), the futures prices for benchmark…
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Crude oil prices fall 1% on fears of a global economic slowdown – (Update)
Crude oil prices fell by more than 1% at the end of trading today, Tuesday, February 21 (2023), due to fears of a global economic slowdown and a decline in fuel demand. The decline in the price of a barrel of oil globally comes after prices achieved gains at the close of transactions yesterday, Monday,…
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Crude oil prices rise by more than 1%.. and Brent is above $83 – (Update)
Crude oil prices rose by more than 1%, in trading today, Friday, February 24 (2023), to continue to reap gains for the second consecutive session. The prospect of lower exports from Russia offset higher oil inventories in the United States; This raised fears of a supply shortage. Crude oil prices today At the end of…
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Crude oil prices rise 1%, and Brent records 83 dollars
Crude oil prices rose about 1%, during today’s trading, Friday, February 24 (2023), to continue to reap gains for the second consecutive session. The prospect of lower exports from Russia offset higher oil inventories in the United States; This raised fears of a supply shortage. Crude oil prices today By 07:21 AM GMT (10:21 AM…
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Crude oil prices rise 2%… and Brent is above $82 – (Update)
Crude oil prices rose by about 2%, at the end of today’s trading, Thursday, February 23 (2023), to rise for the first time in 7 consecutive sessions, with the release of the inventory report in the United States. Market players are re-evaluating their positions after the US Federal Reserve stoked concerns about the economy by…
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Crude oil prices fall by more than 3%.. and Brent is below $81 – (update)
Crude oil prices fell by more than 3% at the end of their trading today, Wednesday, February 22 (2023), due to fears of a decline in demand, so that US crude continued to decline for the sixth session in a row. This comes amid expectations that the US Federal Reserve will continue to raise interest…
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Crude oil prices are falling… and Brent is below $83
Crude oil prices fell during their trading today, Wednesday, February 22 (2023), due to fears of a decline in demand. This comes amid expectations that the US Federal Reserve will continue to raise interest rates, which raises fears of a decline in global economic growth. Crude oil prices today By 07:21 a.m. GMT (10:21 a.m.…