Tag: fourth
-
Oil prices record quarterly losses for the fourth time in a row – (Update)
Oil prices rose by more than 1% at the end of trading today, Friday, June 30 (2023), to continue to reap gains for the third consecutive session, supported by hopes for a recovery in demand for crude, but it recorded quarterly losses for the fourth time in a row. Oil markets achieved their first monthly…
-
Jordan Petroleum Refinery shares rise with the support of the “Fourth Expansion” project
The Jordan Petroleum Refinery rose by more than 1% during trading today, Wednesday, June 21 (2023), supported by progress in the fourth expansion project, which will raise the refinery’s capacity to 120,000 barrels per day. The fourth expansion project – in addition to raising the refinery’s capacity – aims to improve air quality in Jordan,…
-
Crude oil prices fall by more than 1% and record losses for the fourth week – (Update)
Crude oil prices fell by more than 1%, at the end of trading today, Friday, May 12 (2023), for the third session in a row, to record its fourth weekly loss. This comes with renewed economic concerns in the United States and China, which exceeded expectations of fuel demand growth in the two largest oil…
-
Crude oil prices are gaining for the fourth week in a row – (Update)
Crude oil prices rose, at the end of trading today, Friday, April 14 (2023), amid expectations of a recovery in demand in China with declining supplies, to achieve weekly gains for the fourth time in a row. The International Energy Agency expected global oil demand to grow by two million barrels per day in 2023…
-
Crude oil prices rise for the fourth session, recording the highest level since January – (Update)
Crude oil prices rose at the end of trading today, Tuesday, April 4 (2023), to continue to reap gains for the fourth consecutive session, supported by OPEC + moves aimed at stabilizing the markets. And 9 of the countries of the OPEC + coalition, led by Saudi Arabia, decided to make voluntary production cuts of…
-
Crude oil prices rise for the fourth session, and Brent is above $85
Crude oil prices rose during trading today, Tuesday, April 4 (2023), to continue to reap gains for the fourth consecutive session, supported by OPEC + moves aimed at stabilizing the markets. And 9 of the countries of the OPEC + coalition, led by Saudi Arabia, decided to make voluntary production cuts of 1.66 million barrels…
