Tag: update
-
Crude oil prices fall by more than 1%.. and Brent is below $83 – (Update)
Crude oil prices fell by more than 1% at the end of trading today, Wednesday, March 8 (2023), for the second session in a row, amid fears of an economic recession that may affect demand. This comes at a time when data from the Energy Information Administration showed an unexpected drop in US crude oil…
-
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 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 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 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 falling… and Brent is below $83 – (Update)
Crude oil prices fell, at the end of trading today, Monday, February 27, to record the first drop in 3 consecutive sessions. This comes amid fears of an economic recession, which has offset gains arising from Russia’s plans to deepen oil supply cuts. Crude oil prices today At the end of the session, Brent crude…
-
Crude oil prices fall 1% on fears of a global economic slowdown – (Update)
Crude oil prices fell by more than 1% at the end of trading today, Tuesday, February 21 (2023), due to fears of a global economic slowdown and a decline in fuel demand. The decline in the price of a barrel of oil globally comes after prices achieved gains at the close of transactions yesterday, Monday,…
-
Crude oil prices rise by more than 1%.. and Brent is above $83 – (Update)
Crude oil prices rose by more than 1%, in trading today, Friday, February 24 (2023), to continue to reap gains for the second consecutive session. The prospect of lower exports from Russia offset higher oil inventories in the United States; This raised fears of a supply shortage. Crude oil prices today At the end of…
-
Crude oil prices rise 2%… and Brent is above $82 – (Update)
Crude oil prices rose by about 2%, at the end of today’s trading, Thursday, February 23 (2023), to rise for the first time in 7 consecutive sessions, with the release of the inventory report in the United States. Market players are re-evaluating their positions after the US Federal Reserve stoked concerns about the economy by…
-
Crude oil prices fall by more than 3%.. and Brent is below $81 – (update)
Crude oil prices fell by more than 3% at the end of their trading today, Wednesday, February 22 (2023), due to fears of a decline in demand, so that US crude continued to decline for the sixth session in a row. This comes amid expectations that the US Federal Reserve will continue to raise interest…