Tag: prices
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A report expects oil prices to rise to $105.. When will this happen?
Oil prices witnessed another decline over the past weeks, as they are currently trading below $75 per barrel. This came in the wake of the recent rise that pushed Brent crude prices above $85 a barrel, following the sudden voluntary production cuts announced by members of the OPEC+ alliance in early April 2023, which will…
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Fuel prices in Egypt… 3 reasons prompted the government to increase “diesel”
Starting today, Thursday, May 4 (2023), fuel prices in Egypt witnessed a new increase in the price of “diesel” fuel, with the prices of gasoline and other oil derivatives being fixed. The increase in diesel prices in Egypt, which was approved late yesterday evening, Wednesday, May 3, came about two months after the largest increase…
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Fuel prices in Sudan unchanged in May (exclusive)
It seems that the fuel prices in Sudan for the month of May 2023 will not differ from the prices of last April, with the continuation of the clashes that disrupt the work of some sectors. Sources at the Ministry of Energy and Oil in Khartoum said, in exclusive statements to the specialized energy platform,…
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Crude oil prices extend their losses by 3%.. and Brent is near $73 (update)
Crude oil prices extended their losses to about 3% during trading today, Wednesday, May 3 (2023), to continue bleeding losses for the third consecutive session. This comes amid investors’ concern about a global recession, with the Federal Reserve expected to raise interest rates later in the day. Crude oil prices closed the previous session at…
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Crude oil prices are down 1.5%… Brent is below $80 – (Update)
Crude oil prices fell globally by about 1.5%, at the end of the day, Monday, May 1 (2023), affected by economic tensions related to the prospects of the US Federal Reserve raising interest rates again. Crude prices were also affected by weak Chinese manufacturing data, at a time when the market expects a crisis with…
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Crude oil prices are dropping at the beginning of the week’s trading… and Brent is below $80 a barrel
Crude oil prices fell globally, today, Monday, May 1 (2023), affected by economic tensions related to the prospects of the US Federal Reserve raising interest rates again, and starting to cut OPEC + production. Crude prices were also affected by weak Chinese manufacturing data, at a time when the market expects a crisis with the…
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Gasoline prices in Jordan for the month of May 2023 contradict expectations, with a new increase
Gasoline prices in Jordan for the month of May 2023 witnessed a new rise, contrary to experts’ expectations, while the price of diesel decreased, with kerosene fixed, in conjunction with the decline in global crude oil prices. The rise in fuel prices in Jordan, which is scheduled to start on May 1 (2023) until the…
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Fuel prices in Qatar for the month of May 2023… no new burdens
Fuel prices in Qatar for the month of May 2023 are witnessing a stabilization of gasoline prices again, after the decline in the price of premium gasoline in April. Qatar Energy Company announced, on its official page on the social networking site TwitterToday, Sunday, April 30, 2023, the prices of gasoline and diesel, which are…
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Crude oil prices are down 4%… Brent is below $78 – (Update)
Crude oil prices fell by about 4% at the end of trading today, Wednesday, April 26 (2023), to continue bleeding losses after falling by more than 2% during the previous session, with concerns about demand. This comes as the market evaluated the weak US data that raised fears of a recession in the world’s largest…
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Crude oil prices rise for the second day and record weekly losses – (Update)
Crude oil prices rose by about 3%, at the end of trading today, Friday, April 28 (2023), for the second consecutive session, but recorded losses for the second week in a row. Disappointing US economic data and uncertainty about further interest rate hikes affected the outlook for oil demand, sending prices below $80 a barrel.…
