Oil prices recorded 121.88 dollars for Brent and 120.34 dollars for US crude

registered oil prices121.88 dollars per barrel for the global benchmark crude futures contract on Friday, and US West Texas Intermediate crude futures recorded 120.34 dollars per barrel. The Wall Street Journal revealed that the United States and its allies are looking for ways to limit the further rise in global oil prices, in an attempt … Read more

Oil rises despite the “OPEC +” plan to increase production

Oil prices rose today, Friday, supported by expectations that the decision of “OPEC” to increase production targets, slightly more than planned, will not significantly affect the scarce supply in the markets. Oil rises despite the “OPEC +” plan to increase production Oil prices rose today, Friday, supported by expectations that… OPEC’s decision to increase target … Read more

European embargo and end of Shanghai lockdown support oil prices

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" ore rose Brent August delivery 35 cents, or 0.3%, to $115.95 a barrel by 0605 GMT. Crude contracts fell 1.7% at the settlement on Tuesday. And contracts for July delivery closed yesterday at $ 122.84 a barrel, an increase of one percent. and ascended raw West Texas Intermediate 37 cents, … Read more

Oil prices rise after Shanghai prepares to lift health measures

Brent crude futures are up 82 cents, while US West Texas Intermediate crude futures are up 69 cents. US West Texas Intermediate crude futures rise 0.6% Oil prices rose in early trade on Monday, as US fuel demand, tight supplies and a weak dollar supported the market, as Shanghai prepared to reopen after a two-month … Read more

Oil falls more than 1% on fears of an economic recession

Oil prices are falling due to economic concerns, fears of a recession in financial markets, and the impact of the spread of the Corona virus in China. Brent crude futures fell to $106.26 a barrel Oil prices fell more than 1% today, Thursday, in a volatile week, as economic concerns and fears of recession negatively … Read more

Oil prices fall due to global economic concerns

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" By 01:53 GMT, prices for . have fallen Raw brent 28 cents, or 0.3 percent, to settle at 112.11 dollars a barrel. As for West Texas Crude The American mediator amounted to 109.36 dollars a barrel, down 41 cents, or 0.4 percent, according to Reuters. CMC Markets analyst Tina Teng … Read more