What happened to oil prices within a week? .. Recording the largest quarterly losses since the beginning of Corona

published Organization of Arab Petroleum Exporting Countries (OAPEC)Weekly developments in global oil markets, in light of the Russian-Ukrainian crisis, as crude oil futures prices fell for the third week in a row, heading towards recording the largest quarterly losses in percentage since the beginning of the Covid-19 pandemic in 2020. Oil prices were negatively affected … Read more

Oil markets understand the “OPEC +” decision… Brent is slightly down

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Crude futures fell Brent 33 cents, or 0.3 percent, to $95.44 a barrel, by 0054 GMT. while soaring US West Texas Intermediate crude futures contracts to $89.13 a barrel, and increased by $2.26, or 2.6 percent, from Friday’s close. The markets were closed in the United States yesterday, Monday, due … Read more

Oil prices rise due to signs that OPEC may cut production

Oil prices rose at the close on Friday, supported by indications from Saudi Arabia that the Organization of Petroleum Exporting Countries may cut production. Brent crude futures rose $1.65 Oil prices rose at the close, today, Friday, supported by indications from Saudi Arabia, that “OPEC” may reduce production, but trading was volatile as investors absorbed … Read more

Brent crude exceeds $102 as supply concerns return

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" In the futures markets, crude rose Brent 59 cents, or 0.6 percent, to $ 101.81 a barrel, by 0400 GMT, and earlier in the session, it rose above levels of $ 102, and it also rose West Texas Intermediate Crude 42 cents, or 0.4 percent, to $95.31 a barrel. The … Read more

The statements of the Saudi Energy Minister about the OPEC + agreement raise oil prices

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Crude futures rose Brent 32 cents to $96.80 a barrel by 0004 GMT, after a volatile session on Monday when it fell more than $4 before paring losses to near stability. and rose as well US West Texas Intermediate crude futures contracts 37 cents to $90.73 a barrel. Brent is … Read more