Tag: price
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The global price of a barrel of oil is turning higher… and Brent crude is near $88 (update)
The global price of a barrel of oil turned upward, during today’s trading, Monday, January 23, 2023, with the prospect of an economic recovery in China, the largest oil importer this year. The oil markets had started trading on a decline amid limited trading due to the Lunar New Year holiday in East Asia, maintaining…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…
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The global price of a barrel of oil has risen… and Brent crude is above $86 – (Update)
The global price of a barrel of oil increased by more than 1% at the close of trading today, Thursday, January 19 (2023), amid fears of declining supplies. Oil markets compensated for the losses incurred earlier in the session, supported by expectations of an increase in Chinese demand, and more restrictions on Russian exports that…
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The global price of a barrel of oil rises and records weekly gains – (Update)
The price of a barrel of oil rose globally by more than 1.5%, at the end of trading today, Friday, January 20, 2023, to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The…
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The global price of a barrel of oil has risen… and Brent crude is near $87
The price of a barrel of oil rose globally, during today’s trading, Friday, January 20, 2023, and is heading to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The global price of a…
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Qatar Energy lowers the price of Al-Shaheen crude oil to the lowest level in 21 months
Qatar Energy Company intends to reduce the official selling prices for Al-Shaheen crude, loading next March, in conjunction with the volatile dealings in the oil markets. Qatar set the future price of Al-Shaheen crude in March at a premium of $1.37 a barrel above Dubai prices, the lowest level since June 2021. The new cut…
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The global price of a barrel of oil has declined… and Brent crude is near $84
The global price of a barrel of oil declined by about 1%, during today’s trading, Thursday, January 19, 2023, to continue bleeding losses for the second consecutive session. This comes after US data indicated a sudden jump in US crude stocks, along with fears of a recession, which were fueled by the disappointment of retail…
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The global price of a barrel of oil has fallen… and Brent crude is below $85 – (Update)
The price of a barrel of oil declined globally at the end of trading today, Wednesday, January 18 (2023), after a volatile session, with concerns about slowing economic growth in the United States, following the release of economic data. Crude prices rose during the session, with optimism that lifting the strict restrictions imposed by China…
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The global price of a barrel of oil has risen… and Brent crude is near $87
The price of a barrel of oil rose globally during trading today, Wednesday, January 18 (2023), to continue the gains for the second consecutive session. This comes with optimism that lifting the strict restrictions imposed by China on Corona will lead to a recovery in fuel demand in the world’s largest oil importer. The global…
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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…
