Tag: session
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Crude oil prices fall by more than 1% after a volatile session – (Update)
Crude oil prices fell by more than 1% at the end of trading today, Thursday, March 9 (2023), after a volatile session, amid fears of an economic recession that threatens demand. The markets had started the morning trading on the upside, supported by the larger-than-expected drawdown in US oil inventories and hopes on demand in…
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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…
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Crude oil prices are falling for the third consecutive session – (Update)
Crude oil prices fell for the third consecutive session at the end of trading today, Thursday, February 16 (2023), with signs of slowing demand in America. Crude prices had risen during trading; Hopes for a strong recovery in fuel demand in China, the largest oil consumer, compensated for the losses resulting from the strength of…
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Crude oil prices fall in a volatile session after US inventories data – (Update)
Crude oil prices fell in a volatile session at the end of today, Wednesday, February 15 (2023), after the release of the US inventories report. And raised a much larger-than-expected rise in US oil inventories, and expectations of higher interest rates, concerns about the possibility of weak demand for fuel and economic recession. Crude oil…
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Crude oil prices fall in a volatile session… and Brent is below $85 – (Update)
Crude oil prices fell for the first time in 4 consecutive sessions at the end of trading today, Thursday, February 9 (2023), with concerns about demand in America. Crude prices witnessed a volatile session; Optimism about a recovery in Chinese demand was offset by concerns about weak economic activity in the US, after inventories hit…
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The global price of a barrel of oil is witnessing a volatile session… and Brent is above $86 – (Update)
The global price of a barrel of oil witnessed a volatile session at the end of trading today, Wednesday, January 25 (2023), with the release of US inventories data, and amid hopes for increased demand. After prices fell by more than 1% during trading, US crude ended today’s session marginally higher, while Brent fell slightly.…
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The global price of a barrel of oil rises for the third consecutive session – (Update)
The price of a barrel of oil rose globally by more than 1%, at the close of trading today, Monday, January 9 (2023), to continue its rise for the third consecutive session, amid hopes for a recovery in demand. This comes with the reopening of borders in China, the world’s largest importer of crude;…
