2023-10-13 11:00:00 Marwa Al-Ghoul wrote Friday, October 13, 2023 02:00 PM It rose Oil pricesToday, Friday, a barrel of global crude oil futures was recorded Brent $87.12, and US West Texas Intermediate crude futures recorded $84.11 per barrel. In another regard, Russian President Vladimir Putin said, during a joint statement with Kyrgyz President Sadr Japarov, … Read more
2023-10-11 04:24:49 Oil prices maintained most of the gains recorded last Monday, as the repercussions of the war between Israel and Hamas continue to be contained, and Saudi Arabia pledges to help ensure market stability. The price of West Texas Intermediate crude oil approached $86 per barrel in trading after oil renewed its rise due … Read more
2023-10-04 20:03:58 A committee affiliated with the oil-exporting OPEC Plus alliance recommended on Wednesday maintaining the current plan to reduce production, which was reinforced by Saudi Arabia and Russia reducing their oil production, with the aim of supporting black gold prices. Announcement Members of the Joint Ministerial Follow-up Committee affirmed their “commitment” to the plan, … Read more
2023-09-23 11:21:00 Written by – Marwa Al-Ghoul Saturday, September 23, 2023 02:21 PM Prices recorded Oil $93.27 per barrel for Brent crude futures, and US West Texas Intermediate crude futures recorded $90.03 per barrel upon settlement on Friday. The Russian government announced the imposition of temporary restrictions on the export of gasoline and diesel fuel … Read more
2023-09-18 03:03:16 Analysts at ANZ said in a note that the growth in global oil demand is heading towards recording 2.1 million barrels per day, which is consistent with the expectations of the International Energy Agency and the Organization of the Petroleum Exporting Countries (OPEC). Traders are awaiting monetary policy decisions by central banks, including … Read more
2023-09-07 01:34:59 (CNN) — Goldman Sachs has warned clients that there is a “risk” that if Russia and Saudi Arabia leave oil supply cuts unchanged, oil prices will rise into triple-digit territory by next year. The surprising announcement by Russia and Saudi Arabia raised Brent crude above $91 a barrel for the first time in … Read more
2023-08-30 04:50:55 Oil prices are rising with the decline in US crude inventories Oil prices extended their gains today, Wednesday, after industry data showed a significant drop in crude inventories in the United States of America, the world’s largest consumer of fuel, in light of supply concerns due to Hurricane Idalia. Brent crude futures, for … Read more
2023-08-21 21:24:20 Oil prices fell on signs of a possible oversupply and concerns that China’s economic growth is slowing. WTI futures fell below $81 a barrel, after trading in a range of nearly $2 on Monday. The movement of oil prices varied with the movement of prices in the markets in general, after Archyde.com published … Read more