Tag: prices
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Oil prices are falling… and Brent crude is below $80 – (Update)
Oil prices fell at the end of trading on Wednesday, July 19 (2023), amid fears of an economic recession with a lack of supplies, and the release of US oil inventories data. The markets are facing fears of a decline in US demand in exchange for China’s pledge to support economic growth, tightening Russian supply,…
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Oil prices are rising marginally… and Brent crude is near $80
Oil prices rose marginally, amid volatile trading, today, Wednesday, July 19 (2023), on the back of fears of an economic recession with a shortage of supplies. The markets are facing fears of a decline in US demand in exchange for China’s pledge to support economic growth, tightening Russian supply, and a decline in US inventories.…
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Oil prices rise by more than 2%.. Brent crude is near $80 – (Update)
Oil prices rose by more than 2% at the end of trading today, Tuesday, July 18 (2023), amid concerns about demand and expectations of a decline in US oil production during next August. Crude prices faced a noticeable decline in recent sessions, in light of the Chinese economy continuing to achieve weaker-than-expected growth, which does…
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Oil prices rise by about 1%, and Brent crude is above $78
Crude oil prices moved slightly higher at the beginning of Asian trading, today, Tuesday, July 18 (2023), amid investors’ aspirations for a possible announcement of an increase in US supplies. This comes at a time when crude prices faced a noticeable decline in recent sessions, in light of the Chinese economy continuing to achieve weaker-than-expected…
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Oil prices are down 1%… and Brent crude is under $79
Oil prices fell by more than 1%, during trading today, Monday, July 17 (2023), to continue bleeding losses for the second session in a row, amid fears of declining demand. Chinese economic data showed slowing growth in the second quarter; What raised concern about demand in the world’s second largest oil consumer, with Libya resuming…
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Oil prices rise 2.5%.. Brent crude is above $79 – (Update)
Crude oil prices continued to consolidate their gains, to about 2.5%, by the end of trading today, Tuesday, July 11 (2023), with traders focusing on reducing production by Saudi Arabia and Russia, in addition to the weakness of the dollar. The reduction in oil production by the two largest crude exporters in the world, namely…
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Fuel prices in Türkiye jump up after a shocking tax increase
Fuel prices in Turkey have increased in various provinces and major cities, following the publication of the government’s decision to increase the tax on fuel products such as gasoline and diesel. Today, Sunday, July 16 (2023), the Official Gazette published the text of the government’s decision to raise the private use tax on fuel products,…
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Oil prices rise by more than 1%.. Brent crude is above $80 – (Update)
Oil prices consolidated their gains by more than 1% at the end of today’s trading, Wednesday, July 12 (2023), as the price of a barrel of Brent crude exceeded the $80 level for the first time since April (2023), with the decline of the US dollar after US data showed a slowdown. inflation. Oil prices…
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Oil prices decline 2% … and record weekly gains – (Update)
Oil prices fell by about 2%, at the end of trading today, Friday, July 14 (2023), for the first time in 4 sessions, but it achieved its third weekly gain for the first time since April. The oil markets suffer from volatile transactions. The morning trading started on the upside, amid fears of a supply…
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Oil prices are falling… and Brent crude is at $81
Oil prices declined marginally, during trading today, Friday, July 14 (2023), for the first time in 4 sessions, but it is preparing to record a third weekly gain for the first time since April. The oil markets suffer from volatile transactions. The morning trading started on the upside, amid fears of a supply shortage due…
