Tag: rises
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The global price of a barrel of oil rises 2%… and Brent crude is above $77 – (update)
The price of a barrel of oil rose globally by about 2% at the end of trading today, Wednesday, June 21 (2023), in an attempt to compensate for the losses it suffered during the previous two sessions. And oil prices received support from the statements of the Federal Reserve Chairman, the possibility of adopting more…
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Iran’s oil price to Asia rises 40 cents in July
The price of Iranian oil destined for Asia is scheduled to rise, during next July, by about 40 cents compared to the current month of June, at a value that is 5 cents lower than the prices of Saudi Aramco shipments during the next month. And the National Iranian Oil Company announced the official selling…
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The global price of a barrel of oil rises by more than 1.5% and records weekly gains – (Update)
The global price of a barrel of oil rose by more than 1.5%, at the close of trading today, Friday, June 16 (2023), amid hopes for a recovery in demand in China, the largest importer of crude in the world. It is expected that the weekly oil market losses will stop, after declining for two…
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The global price of a barrel of oil rises by more than 3%… and Brent crude is above $74 – (update)
The price of a barrel of oil jumped globally by more than 3%, at the end of today’s trading, Tuesday, June 13 (2023), after the recent decline to compensate for most of the losses it lost in yesterday’s trading, due to the search for deals, but the rise is still limited, with the movements of…
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The price of Iranian oil to Asia rises in May, following in the footsteps of Saudi Arabia
Next May, the price of a barrel of Iranian oil destined for Asia will increase by about $0.3 compared to the current month of April, with the same value by which Saudi Aramco increased its shipments during the next month. And the National Iranian Oil Company announced the official selling prices for shipments for the…
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The global price of a barrel of oil rises 1%… and Brent crude is near $81 – (update)
The price of a barrel of oil rose globally by more than 1% at the end of the day, Monday, February 6 (2023), after declining significantly during the past week, to its lowest level in 3 weeks. Oil prices fell by 8% over the past week, with increasing fears that slowing growth in major economies…
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The global price of a barrel of oil rises 1% and records monthly losses – (Update)
The price of a barrel of oil rose globally by more than 1% at the end of trading today, Tuesday, January 31, amid anticipation of the position of central banks regarding raising interest rates, but it recorded monthly losses. This comes with expectations of a recovery in demand from China and despite fears of further…
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The global price of a barrel of oil rises 2%… and Brent crude is above $83 (update)
The price of a barrel of oil rose globally by about 2% during trading today, Friday, February 3 (2023), after strong job data in the United States, but it is heading to record weekly losses for the second time in a row. Investors are seeking more clarity on the impending European ban on Russian refined…
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The global price of a barrel of oil rises and records weekly gains – (Update)
The price of a barrel of oil rose globally by more than 1.5%, at the end of trading today, Friday, January 20, 2023, to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The…
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The global price of a barrel of oil rises and records weekly gains of more than 8% – (Update)
The price of a barrel of oil rose globally by about 2%, at the end of trading today, Friday, January 13, 2023, for the seventh session in a row, amid optimism about the recovery of demand. Oil prices gained more than 8% this week, amid strong indications of demand growth in China, the largest importer…
