Tag: prices
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Oil prices rise for the third session, and Brent crude is near $75
Oil prices rose during trading today, Friday, June 30 (2023), to continue to reap gains for the third consecutive session, supported by hopes for a recovery in demand for crude. Oil markets are preparing for the first monthly gain this year, as a significant decline in US oil inventories overshadowed concerns that fuel demand will…
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Oil prices are rising… and Brent crude is above $74 – (Update)
Oil prices rose, at the end of trading today, Thursday, June 29 (2023), with optimism about the demand for crude, after the decline in US inventories. Crude prices fell in early trading, amid fears of rising interest rates that would dampen economic growth and global demand for fuel, and weak economic data from China affected…
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Oil prices are falling… and Brent crude is under $74
Oil prices fell, during today’s trading, Thursday, June 29 (2023), with investors reaping profits; What reduced some of the previous session’s gains. This comes amid fears of increasing interest rates that dampen economic growth and global demand for fuel, and weak economic data in China also affected sentiment. Oil prices are facing wild fluctuations between…
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Oil prices rise 3% after a decrease in US inventories – (update)
Oil prices rose by about 3% at the end of trading today, Wednesday, June 28 (2023), with a noticeable decline in US inventories, supported by hopes for a recovery in demand. This came after US data showed a larger-than-expected drop in inventories, indicating strong demand from the world’s largest oil consumer. Oil prices are facing…
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Oil prices are down 2.5%.. Brent crude is less than $73 – (Update)
Oil prices fell by about 2.5%, at the end of trading today, Tuesday, June 27 (2023), after it had started with a rise supported by concerns about political instability in Russia and potential supply disruptions, as well as hopes for a recovery in US demand before the summer season. The political situation in Moscow stabilized…
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Oil prices are rising with the support of the Russian crisis… and “Brent” is near $75
Oil prices began trading today, Tuesday, June 27 (2023), with an increase, supported by concerns about political instability in Russia and potential supply disruptions, as well as hopes for a recovery in US demand before the summer season. The political situation in Moscow stabilized after the armed mercenaries withdrew from the city of Rostov in…
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Oil prices rise by 1%, and Brent crude is near $75
Oil prices rose about 1% during trading today, Monday, June 26 (2023), in an attempt to compensate for the losses incurred during the past week, due to concerns about supply shortages. This comes after Russia witnessed the Wagner rebellion over the weekend, which raised concerns about political instability in one of the largest oil producers…
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SOCAR of Azerbaijan: Oil prices are currently suitable for planning.. and this is our actual production volume
Read in this article Prices are currently significantly lower than the peak in 2022 Some members of the OPEC+ coalition agreement extended voluntary production cuts until the end of 2024 Saudi Arabia proposed extending the latest cut of 1 million barrels per day beyond July The Caspian Pipeline Alliance accounts for 80% of Kazakhstan’s exports…
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Oil prices decline for the second session and record weekly losses – (Update)
Oil prices fell, at the end of trading today, Friday, June 23 (2023), to continue bleeding losses for the second session in a row, amid fears of a global recession that might limit demand. Oil markets recorded a weekly decline of about 4%, with a higher-than-expected rate hike in Britain and warnings of looming increases…
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Oil prices are falling for the second day, and Brent crude is below $74
Oil prices fell, during trading today, Friday, June 23 (2023), to continue bleeding losses for the second session in a row, amid fears of a global recession that may limit demand. Oil markets are heading for a weekly decline of more than 3%, with a higher-than-expected rise in interest rates in Britain and warnings of…
