Tag: Crude
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Oil prices are down 1%… and Brent crude is under $79
Oil prices fell by more than 1%, during trading today, Monday, July 17 (2023), to continue bleeding losses for the second session in a row, amid fears of declining demand. Chinese economic data showed slowing growth in the second quarter; What raised concern about demand in the world’s second largest oil consumer, with Libya resuming…
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Oil prices rise 2.5%.. Brent crude is above $79 – (Update)
Crude oil prices continued to consolidate their gains, to about 2.5%, by the end of trading today, Tuesday, July 11 (2023), with traders focusing on reducing production by Saudi Arabia and Russia, in addition to the weakness of the dollar. The reduction in oil production by the two largest crude exporters in the world, namely…
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Oil prices rise by more than 1%.. Brent crude is above $80 – (Update)
Oil prices consolidated their gains by more than 1% at the end of today’s trading, Wednesday, July 12 (2023), as the price of a barrel of Brent crude exceeded the $80 level for the first time since April (2023), with the decline of the US dollar after US data showed a slowdown. inflation. Oil prices…
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Oil prices are falling… and Brent crude is at $81
Oil prices declined marginally, during trading today, Friday, July 14 (2023), for the first time in 4 sessions, but it is preparing to record a third weekly gain for the first time since April. The oil markets suffer from volatile transactions. The morning trading started on the upside, amid fears of a supply shortage due…
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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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Oil prices are rising for the third day, and Brent crude is above $80
Oil prices rose, during today’s trading, 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 dollar falling. Oil…
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Oil prices are rising due to the “voluntary cut.” Brent crude is above $78
Oil prices rose again at the beginning of trading today, Tuesday, July 11 (2023), to compensate for some of the losses they incurred during the end of yesterday’s trading, with traders focusing on reducing production by Saudi Arabia and Russia, in addition to the weakness of the dollar. The reduction in oil production by the…
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Oil prices are down by more than 1%.. Brent crude is under $78 – (Update)
Oil prices witnessed a decline of more than 1%, at the end of trading today, Monday, July 10, with fears of raising interest rates and amid anticipation of US and Chinese economic data this week. Expected cuts in crude oil supplies from Saudi Arabia and Russia helped limit losses. At the beginning of this month,…
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Oil prices are falling… and Brent crude is under $78
Oil prices witnessed a decline, at the beginning of Asian trading today, Monday, July 10, amid anticipation of US and Chinese economic data this week. Expected cuts in crude oil supplies from Saudi Arabia and Russia helped limit losses. At the beginning of this month, Saudi Arabia announced the extension of the additional reduction in…
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Oil prices fell 1% in a volatile session… and Brent crude is under $75 – (update)
Oil prices fell at the end of trading today, Monday, July 3 (2023), after a volatile session, after rising during trading, amid fears of a supply shortage after Saudi Arabia’s decision to extend the voluntary cut for the month of August. And Saudi Arabia announced the extension of the voluntary cut of one million barrels…
