Tag: prices
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Crude oil prices rise 2%… and Brent is above $79 – (Update)
Crude oil prices rose by about 2%, at the end of today’s trading, Thursday, March 30, 2023, to record the highest level in more than two weeks. This comes as investors closely await developments in Iraqi Kurdistan’s oil exports, at a time when a sudden drop in US oil inventories compensated for a less-than-expected drop…
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Crude oil prices are rising… and Brent is above $78
Crude oil prices rose, during today’s trading, Thursday, March 30, 2023, to reap gains, after recording its first loss in 3 days during the previous session. This comes as investors closely await developments in Iraqi Kurdistan’s oil exports, at a time when a sudden drop in US oil inventories compensated for a less-than-expected drop in…
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Crude oil prices decline for the first time in 3 sessions – (Update)
Crude oil prices fell at the end of trading today, Wednesday, March 29 (2023), to fall for the first time in 3 consecutive sessions, with the issuance of the US inventory report. Crude prices rose during trading, after the US Energy Information Administration showed that oil inventories in the United States decreased by 7.5 million…
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Crude oil prices are rising… and Brent is above $79 a barrel
Crude oil prices rose during trading today, Wednesday, March 29 (2023), for the third consecutive session, amid fears of supply shortages. This came with the cessation of some exports from Iraq after the decision of the International Tribunal in favor of Baghdad in its dispute with Ankara over the oil of the Kurdistan region. Crude…
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PetroChina’s profits jump 62% thanks to the rise in energy prices in 2022
Chinese PetroChina’s profits recorded a record high in 2022, benefiting from the jump in global energy prices in the wake of the Russian invasion of Ukraine, as well as the increase in oil and gas production in response to Beijing’s call to avoid any new energy crisis. The company announced net income of 149 billion…
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Expectations of a decrease in gasoline prices in Jordan for the month of April 2023
Gasoline prices in Jordan for the month of April 2023, to be announced next Friday, are expected to witness a limited decline. Expectations of a decline in fuel prices in Jordan come against the background of the significant drop in oil prices this month, which fell to their lowest levels in 15 months due to…
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Crude oil prices rise to the highest level in two weeks – (Update)
Crude oil prices rose, at the end of trading today, Tuesday, March 28 (2023), to record the highest level in two weeks, amid fears of a supply shortage. Crude prices had started their morning trading on a decline due to the focus on the developments of the banking crisis that affected several international banks, and…
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Crude oil prices are turning higher… and Brent is near $79 (update)
Crude oil prices turned higher today, Tuesday, March 28 (2023), to continue to reap gains for the second consecutive session, amid fears of a supply shortage. Crude prices had started their morning trading on a decline due to the focus on the developments of the banking crisis that affected several international banks, and the demand…
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Crude oil prices jump 5%.. Brent exceeds $78 – (Update)
Crude oil prices rose by more than 5%, at the end of trading today, Monday, March 27 (2023), with fears of a shortage of supply and signs of stability in the financial markets. Crude prices rose, after Turkey stopped Iraqi Kurdistan oil exports through pipelines, in implementation of a court ruling in favor of Baghdad.…
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Crude oil prices are rising… and Brent is above $75
Crude oil prices rose, during today’s trading, Monday, March 27 (2023); Investors seek signs of stability in the financial markets. Prices were also supported by comments from Russian President Vladimir Putin over the weekend; This exacerbated geopolitical tensions in Europe, which raised fears of a supply shortage. Crude oil prices today By 07:57 a.m. GMT…
