Tag: prices
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Aramco oil prices to Asia may drop to the lowest level in 20 months (survey)
A new survey showed that Saudi Aramco oil prices to Asia may decline during the month of June, at a time when the markets are awaiting the next OPEC + meeting to determine production policy, after the decision of the additional voluntary reduction of some coalition countries, which began in May and continues until The…
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Crude oil prices rise 3%… and Brent is above $74 a barrel – (Update)
Crude oil prices witnessed a remarkable increase of 3%, at the end of today’s trading, Thursday, June 1 (2023), after they fell in the previous session, supported by the possibility of stopping raising US interest rates, and taking decisive action to prevent defaulting on the US debt. There is optimism about the increase in oil…
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Crude oil prices rise 2.5% and record weekly losses – (Update)
Crude oil prices rose by about 2.5%, at the end of today’s trading, Friday, June 2, to continue the gains achieved in the previous session; The approval of raising the US debt ceiling, and the possibility of the Federal Reserve stopping raising interest rates contributed to calming market concerns, in addition to the possibility of…
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Crude oil prices continue their gains, and Brent crude is above $75 a barrel
Crude oil prices rose today, Friday, June 2, to continue the gains achieved in the previous session; The approval of raising the US debt ceiling, and the possibility of the Federal Reserve stopping raising interest rates contributed to calming market concerns, in addition to the possibility of reducing OPEC + production during the weekend, which…
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Experts for “energy”: OPEC + may cause a surprise … and these are the expectations of oil prices in 2023
Read in this article The OPEC + alliance will continue its production policy during its next meeting Coalition decisions cannot be predicted. The oil market is waiting for any surprise Further voluntary cuts by 9 countries are likely to become mandatory Oil prices are risky in the near term The eyes of the oil markets…
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Crude oil prices are rising.. Brent crude is above $73 a barrel
Crude oil prices witnessed a noticeable increase, at the beginning of today’s trading, Thursday, June 1 (2023), after they fell at the end of trading on Wednesday, May 31, supported by the possibility of stopping raising US interest rates, and taking decisive action to prevent default on the US debt, This contributed to the prevailing…
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Fuel prices in the UAE for the month of June 2023 are witnessing a new decline
Fuel prices fell in the UAE for the month of June 2023, after rising slightly during the current month, as the Gulf country approved a decrease in gasoline prices amounting to about 21 fils per liter, while it reduced diesel prices by about 23 fils per liter, compared to the prices of the current month…
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Crude oil prices continue to decline… and Brent is below $74
Crude oil prices continued their losses at the beginning of trading today, Wednesday, May 31 (2023), at a time when concerns increased about the prospects for a slowdown in oil demand from China, the largest oil importer in the world, after the release of weaker-than-expected economic data, in addition to Slow positive progress on agreement…
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Fuel prices in China are witnessing a new increase
The National Development and Reform Commission (NDRC) announced a hike in fuel prices in China, starting at 12:00 am on Wednesday, May 31 in various Chinese regions and cities, as it is scheduled to increase the prices of gasoline and diesel in the domestic market by about 100 and 95 yuan. ($ 14.13 and $…
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Oil prices are turning lower… and Brent crude is below $77 (update)
Crude oil prices turned down again, after they had risen in the beginning of today’s trading, Monday, May 29, 2023, supported by US President Joe Biden and House Speaker Kevin McCarthy reaching a preliminary agreement on the debt ceiling in the United States, which would To protect the country with the largest economy in the…
