Tag: declining
-
Crude oil prices are declining… and Brent is near $83
Crude oil prices fell during trading today, Wednesday, March 8 (2023), for the second session in a row, amid fears of an economic recession that may affect demand. This comes at a time when industry data showed an unexpected drop in US crude oil inventories, after the market fell in the previous session, amid fears…
-
Crude oil prices are declining… and Brent is near $85
Crude oil prices fell, during today’s trading, Monday, March 6 (2023), amid fears of a decline in demand. This comes after China set a lower-than-expected target for economic growth this year at 5%, and as investors cautiously await testimony from US Federal Reserve Chairman Jerome Powell this week. Crude oil prices today By 07:46 a.m.…
-
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…
-
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…
-
Fuel prices in Sudan for the month of March 2023 are declining
Fuel prices in Sudan for the month of March 2023 are scheduled to witness a decline in the price of gasoline and diesel. Today, Wednesday, March 1, the Ministry of Energy and Oil announced the reduction of gasoline prices in Sudan by about 27 Sudanese pounds ($0.046) per liter, and diesel by 28 Sudanese pounds…
