Crude oil prices fall $3.33 after Biden suspends fuel tax

Today (June 23, 65) reporters reported that crude oil futures in West Texas. Closed Wednesday (June 22) slumped $3.33 after it was reported that US President Joe Biden is set to propose a suspension of fuel taxes to tackle high oil prices in the United States. West Texas Crude Oil Contract Delivered in Aug. Trading … Read more

Brent crude rises at settlement in a volatile session

Oil prices ended the session on Monday, the twentieth of June, on the rise, after witnessing a volatile session. The market is witnessing fluctuations between rise and decline in light of the scarcity of supplies and fears about the slowdown in global economic growth. Upon settlement, Brent crude contracts rose by about $1.01, or 0.9%, … Read more

Crude oil futures rebound, supported by tight supply | Reuters

Crude oil futures in Asian time rebounded from a sharp drop in overnight trading. Supported by tight supply and rising summer demand. The photo was taken in Texas, USA in August 2018 (2022 Reuters / Nick Oxford) [Singapore 16th Reuters]–Asian time crude oil futures rebounded from a sharp drop in overnight trading. Supported by tight … Read more

U.S. sacrifices new sanctions against Iran, European leaders visit Ukraine, crude oil reverses and ends higher | Anue Juheng

Crude oil futures fell in early trade on Thursday (16th) as the Fed’s latest interest rate hike raised concerns about economic growth, but reversed losses and closed higher after the United States announced new economic sanctions on Iran. Meanwhile, a visit by European leaders to Ukraine could also support oil prices, as it suggests more … Read more

Beijing’s epidemic may spread, crude oil hits the lowest level in nearly 1 week, and the final market turns around and pulls back | Anue Juheng

Crude oil futures prices closed higher on Monday (13th), rising for the first time in three sessions, but in early trading, crude oil prices hit their lowest intraday in nearly a week due to another rise in new crown cases in China and higher-than-expected U.S. inflation data last week. level. energy commodity prices Delivered in … Read more

135 dollars, the average price of Brent crude during a year

The expectations of investment banks for oil prices continue, inAfter similar expectations from Citibank and Barclays Bank yesterdayGoldman Sachs expects oil prices to continue rising until stocks are rebuilt, which are under pressure as Chinese demand recovers and production from Russia declines. The bank said that Brent crude will need to average $135 a barrel … Read more

Crude oil hits $120 and natural gas surges to a nearly 14-year high at the beginning of the shock | Anue Juheng

Crude oil futures prices started this week volatile.WTI Crudeand Brent CrudeBoth stood at a high of more than $120 a barrel, but eventually gave up early gains and closed slightly lower. At the same time, the U.S. weather forecast pointed to the arrival of the hot season, and the price of natural gas futures rose … Read more

OPEC and its allies agree to increase their crude production by 50% after pressure from record prices since the Russian invasion of Ukraine

wording BBC News World June 2, 2022 image source, Getty Images Caption, The price of oil has skyrocketed after Russia’s invasion of Ukraine. After numerous refusals, the main oil exporting countries and their allies (known as OPEC +) decided this Thursday to double their production in the summer months, amid strong pressure from record oil … Read more

Stock exchanges close positively. Opec + opens the crude oil taps. Btp, top performance since 2018

Listen to the audio version of the article (Il Sole 24 Ore Radiocor) – The European stock indices, after two sessions in the red, they closed up and on the highs of the day also thanks to the support of Wall Street which rises despite the words of the Federal Reserve Vice President Lael Brainard … Read more

The embargo of Russian crude oil only stops the Isab-Lukoil of Priolo, Turano: “Serious disparity”

“It is frankly incomprehensible that the Italian government has failed to request the inclusion of the Priolo refinery among the exceptions provided for in the new package of sanctions on Russian oil. We are facing an abnormal inequality of treatment that damages Sicily ». This was stated by the councilor for productive activities of the … Read more