Tag: prices
-
Energy expert: Oil prices will continue in the range of 80 and 86 dollars for a long time
The sudden announcement of a number of OPEC+ countries to cut production led to a rise in oil prices by about 8%, as it jumped above $85, before witnessing a slight decline. Christoph Rohl, senior researcher at the Center for Global Energy Policy at Columbia University, said – in statements to the specialized energy platform…
-
Crude oil prices are falling… and Brent is below $85
Crude oil prices fell, during today’s trading, Thursday, April 6 (2023), for the second consecutive session; US economic data raised concerns about a possible global recession and reduced demand. Prices are heading towards achieving weekly gains after OPEC + announced more production cuts and the decline in US oil stocks. Crude oil prices rose for…
-
Saudi Aramco raises its official selling oil prices to Asia in May
Saudi Aramco announced the official prices for selling shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the coming month of May (2023). The company decided to raise the official Saudi oil selling prices for Arab Light crude to Asia by 30 US cents to $2.80 per barrel,…
-
Crude oil prices are marginally higher.. and Brent is above $85
Crude oil prices rose marginally during trading today, Wednesday, April 5 (2023), supported by expectations of a decline in US crude inventories, as well as the latest production cut targets set by the OPEC + alliance. The rise in prices for the fifth session in a row comes after the decision of 9 of the…
-
India abolishes exceptional taxes on oil as global prices fall
It seems that the recent decline in oil prices has prompted India to abandon the exceptional taxes imposed on crude producers, and has also made adjustments to taxes on some types of fuel. New Delhi had previously pledged to review the tax rate linked to fluctuations in oil prices in global markets, according to what…
-
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…
-
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…
-
Fuel prices in Qatar for the month of April 2023…gasoline declined and diesel remained stable
It is scheduled that fuel prices in Qatar for the month of April 2023 will witness a decline in the price of premium gasoline, after its stability during this March. Today, Friday, March 31, the Qatar Energy Company announced the new gasoline and diesel prices in the country, which are scheduled to start tomorrow, Saturday,…
-
Gasoline prices in Jordan for the month of April 2023 recorded the first decline in 3 months
Gasoline prices in Jordan for the month of April 2023 are scheduled to witness the first decline in 3 months, after stabilizing during this March, following their rise in February. The decline in fuel prices in Jordan next month coincides with the decline in average prices of crude oil and derivatives during this March, compared…
-
Fuel prices in the UAE for the month of April 2023 are declining again
Fuel prices in the UAE are set to decline for the month of April 2023, after rising for two consecutive months. Today, Friday, March 31, the prices of gasoline and diesel in the UAE for the month of April 2023 were announced, a decision that citizens and residents usually await on the last day of…
