Tag: prices

  • Crude oil prices rise 1%.. Brent is above $86 – (Update)

    Crude oil prices rise 1%.. Brent is above $86 – (Update)

    Crude oil prices rose by about 1%, at the close of trading today, Monday, March 6 (2023), to surpass Brent crude at $86 per barrel, after a volatile session. Crude prices fell during trading, amid fears of a decline in demand, after China set a lower-than-expected target for economic growth this year at 5%, while…

  • Crude oil prices are declining… and Brent is near $85

    Crude oil prices are declining… and Brent is near $85

    Crude oil prices fell, during today’s trading, Monday, March 6 (2023), amid fears of a decline in demand. This comes after China set a lower-than-expected target for economic growth this year at 5%, and as investors cautiously await testimony from US Federal Reserve Chairman Jerome Powell this week. Crude oil prices today By 07:46 a.m.…

  • Fuel prices in the UAE for the month of March 2023… a new increase

    Fuel prices in the UAE for the month of March 2023… a new increase

    Fuel prices are set to rise in the UAE for next March (2023) again, to continue their rise after the price increase in February. Today, Tuesday, February 28, the prices of gasoline and diesel in the UAE for the month of March 2023 were announced, a decision that citizens and residents usually await on the…

  • Fuel prices in Qatar for the month of March 2023… no new burdens

    Fuel prices in Qatar for the month of March 2023… no new burdens

    Fuel prices in Qatar for the next March (2023) are scheduled to witness stability, after it recorded a slight increase in the price of gasoline during this February. Today, Tuesday, February 28, Qatar Energy Company announced the new gasoline and diesel prices in the country, which are scheduled to start working tomorrow, Wednesday, March 1…

  • Crude oil prices rise to the highest level in two weeks – (Update)

    Crude oil prices rise to the highest level in two weeks – (Update)

    Crude oil prices rose at the end of their trading today, Wednesday, March 1 (2023), to continue to reap gains for the second consecutive session, recording the highest level in two weeks, after the release of US inventories data. This comes with a strong jump in manufacturing in China, the world’s largest crude importer, which…

  • Crude oil prices rise in a volatile session… and Brent near $85 – (update)

    Crude oil prices rise in a volatile session… and Brent near $85 – (update)

    Crude oil prices rose at the end of trading today, Thursday, March 2 (2023), to continue reaping gains for the third consecutive session. The oil markets witnessed a volatile session, as trading began on the rise, and then fell under pressure from fears of falling demand after the data showed a decline in US oil…

  • Crude oil prices rise 2% and record weekly gains – (Update)

    Crude oil prices rise 2% and record weekly gains – (Update)

    Crude oil prices rose at the end of trading today, Friday, March 3 (2023), to achieve weekly gains, with Brent crude rising near $86 a barrel. The recovery of factory activity in China, the world’s largest oil importer, offset growing concerns about rising US crude inventories and the possibility of interest rate increases in Europe.…

  • Crude oil prices are marginally declining… and Brent is below $85

    Crude oil prices are marginally declining… and Brent is below $85

    Crude oil prices declined marginally during today’s trading, Friday, March 3 (2023), but are heading for weekly gains. The recovery of factory activity in China, the world’s largest oil importer, offset growing concerns about rising US crude inventories and the possibility of interest rate increases in Europe. Crude oil prices today By 07:35 a.m. GMT…

  • Gasoline prices in Egypt… Details of the largest increase since fuel liberation

    Gasoline prices in Egypt… Details of the largest increase since fuel liberation

    Gasoline prices in Egypt recorded their largest increase in terms of value since the liberalization of the fuel price more than 3 years ago. The new increase announced by the Petroleum Products Pricing Committee ranged between EGP 0.75 and EGP 1 for various types of gasoline, with the largest percentage being 92-gasoline, the most widely…

  • Fuel prices in Morocco recorded a limited decline

    Fuel prices in Morocco recorded a limited decline

    Fuel prices in Morocco recorded a slight decline in most gas stations in the country, in conjunction with the decline in global oil prices last February. Despite the decline, gasoline and diesel prices in Morocco are still higher than their levels during the same period in March (2022), when oil prices reached record levels against…