Tag: monthly
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Oil prices decline 2%, recording strong monthly losses – (update)
Crude oil prices continued to decline by about 2% at the end of trading today, Wednesday, May 31 (2023), at a time when concerns were growing about the prospects for a slowdown in demand for crude from China (the largest oil importer in the world), in conjunction with the issuance of weaker economic data than…
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Crude oil prices rise 2%… and record monthly and quarterly losses – (Update)
Crude oil prices rose by about 2%, at the end of trading today, Friday, March 31 (2023), with fears of supply shortages, but they recorded monthly and quarterly losses. The markets had started Asian trading on the decline with the return of fears of a global recession affecting demand. Baker Hughes data showed that the…
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The global price of a barrel of oil rises 1% and records monthly losses – (Update)
The price of a barrel of oil rose globally by more than 1% at the end of trading today, Tuesday, January 31, amid anticipation of the position of central banks regarding raising interest rates, but it recorded monthly losses. This comes with expectations of a recovery in demand from China and despite fears of further…
