Tag: falling
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Crude oil prices are falling for the third consecutive session – (Update)
Crude oil prices fell for the third consecutive session at the end of trading today, Thursday, February 16 (2023), with signs of slowing demand in America. Crude prices had risen during trading; Hopes for a strong recovery in fuel demand in China, the largest oil consumer, compensated for the losses resulting from the strength of…
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Oil prices are falling, supported by the announcement of the launch of the US Strategic Reserve
Oil prices fell globally, today, Tuesday, February 14 (2023), after the US government announced its intention to release more of its strategic reserve stock, as mandated by lawmakers. This announcement by the US government came to challenge the expectations of some traders, who excluded this launch from the strategic reserve, or at least the possibility…
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Fuel prices in China are falling again in conjunction with the increase in exports of gasoline and diesel
Fuel prices in China have fallen again, amid fears of a decline in domestic demand with the increase in coronavirus cases. Yesterday, Tuesday, January 17, the National Development and Reform Commission announced that, starting from midnight last night, the prices of oil derivatives in China will decline in most cities, according to the data seen…
