Tag: exceeds
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Crude oil prices rise with the support of the “debt deal”… and Brent exceeds $77
Crude oil prices rose today, Monday, May 29, 2023, after US President Joe Biden and House Speaker Kevin McCarthy reached a preliminary agreement on the debt ceiling in the United States, which would protect the country with the largest economy in the world and the largest consumer. oil globally, from faltering. Although benchmark Brent crude…
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Crude oil prices rise by more than 2.5%… and Brent exceeds $77 – (Update)
Crude oil prices rose by more than 2.5%, at the end of trading today, Monday, May 8 (2023), for the second session in a row, in an attempt to reduce the losses incurred during the past week. This comes after easing fears of a recession in the US, which led to prices falling for 3…
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Crude oil prices jump 5%.. Brent exceeds $78 – (Update)
Crude oil prices rose by more than 5%, at the end of trading today, Monday, March 27 (2023), with fears of a shortage of supply and signs of stability in the financial markets. Crude prices rose, after Turkey stopped Iraqi Kurdistan oil exports through pipelines, in implementation of a court ruling in favor of Baghdad.…
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The Sultanate of Oman’s production of oil and condensate exceeds one million barrels per day in February
The Sultanate of Oman’s production of crude oil and condensate exceeded the barrier of one million barrels per day, during last February. Recent data showed that the Sultanate of Oman’s production of crude oil and condensate, during the month of February, amounted to 29.7 million barrels, at a rate of 1.06 million barrels per day.…
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Crude oil prices are rising… and “Brent” exceeds $86 a barrel
Crude oil prices rose today, Tuesday, March 7 (2023), with oil industry leaders announcing their concerns about a limited surplus in global markets, and uncertainty about Russian supplies, despite the recovery in demand in China. And global crude prices began a slow rise at the end of yesterday’s sessions, Monday, after volatile sessions that witnessed…
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Crude oil prices are rising… and US crude exceeds $80 – (Update)
Crude oil prices turned upward, at the end of today’s trading, Monday, February 13 (2023), with fears of supply shortages and amid a decline in the US dollar. Crude prices fell in early trading as investors focused on short-term demand concerns stemming from crucial US inflation data and refinery maintenance in Asia and the United…
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The global price of a barrel of oil has risen… and US crude exceeds $80 – (Update)
The price of a barrel of oil rose globally at the end of trading today, Tuesday, January 17 (2023), amid hopes for an increase in fuel demand, as US crude exceeded the $80 barrier for the first time in two weeks. Oil markets are facing volatile dealings, after China recorded its weakest annual economic growth…
