Brent
Oil compensates for its losses, and “Brent” is at $90.49 a barrel
Oil prices rose on Wednesday, reversing losses incurred in the previous session, as investors turned to riskier assets such as commodities amid gains in stock markets and signs of renewed demand in China, the largest oil importer.By 04:55 GMT, Brent crude futures for December settlement rose 46 cents, or 0.5 percent, to $90.49 a barrel.US … Read more
Weekly gains for oil prices in global markets..11% for Brent
Oil prices in global markets recorded weekly gains of more than 16%, as the global benchmark Brent achieved weekly gains by about 11%, and US West Texas Intermediate crude achieved gains by about 17%, and prices recorded their highest level in 5 weeks at the end of Friday’s trading, rising by about 4% . And … Read more
Oil is rising… and “American crude” is approaching the level of $ 90
Oil prices rose, on Friday, and headed for gains for the second week in a row, supported by the decision of OPEC + to make the largest supply cut since 2020, despite concerns about recession and high interest rates. The cut decided by the OPEC + cartel, which includes the Organization of the Petroleum Exporting … Read more
Oil is witnessing the largest daily jump since July, before the “OPEC +” meeting
Oil rose more than 5% in its biggest rise since July, as potential production cuts led by an alliance “OPEC+” To heighten fears of tight supplies in the future. West Texas Intermediate crude rose to nearly $84 a barrel, after news that the Organization of the Petroleum Exporting Countries (OPEC) and its allies may cut … Read more
For these reasons, oil prices are falling for the second week in a row
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" The two benchmark crudes recorded a slight weekly decline, as crude futures fell Brent By 0.2% over the course of the week, after at some point it reached its lowest level since January. US West Texas crude also recorded a weekly decrease of 0.1 percent. And black gold prices were … 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