untitled design

Tag: argon

US Crude Returns Above $100/Barrel – Natural Gas Rally 14%

US Crude Returns Above $100/Barrel – Natural Gas Rally 14% US Crude Returns Above 0/Barrel – Natural Gas Rally 14%

Oil reacted after the two-day sell-off that brought it into bear market territory, after its prices recovered some of their losses with American crude climbing back above 100 dollars a barrel. Growing worries about an impending recession sent oil prices tumbling in the past two sessions, with the commodity giving back much of its gains […]

Oil: Stop the profitable week series – US crude falls 9.2% in 5 days

Oil: Stop the profitable week series – US crude falls 9.2% in 5 days Oil: Stop the profitable week series – US crude falls 9.2% in 5 days

Heavy losses for oil prices on Friday that pushed American crude in its first negative week after 7 consecutive five days, with a “dip” of more than 9%. “Concerns about demand are mounting amid growing voices estimating that the global economy is heading for recession in the coming months,” said Fawad Razaqzada, an analyst at […]

At a two-week low due to the Fed and rising US stocks

At a two-week low due to the Fed and rising US stocks At a two-week low due to the Fed and rising US stocks

Crude oil prices fell to a two-week low on Wednesday as U.S. crude stockpiles rose for a second straight week after decision by the Federal Reserve to raise its key interest rate by three quarters of the unit. Brent crude for August delivery lost 2.2% to $ 118.51 a barrel on the ICE Futures Europe […]

Oil: Returned from the ‘red’ with small profits

Oil: Returned from the ‘red’ with small profits Oil: Returned from the ‘red’ with small profits

Oil prices broke a two-day negative session, offsetting their intra-conference losses and finally gaining ground in the wake of a new jump in US inflation and rising coronavirus cases in China that may affect demand, with authorities take new restrictive measures. Specifically, the crude type West Texas Intermediate July delivery was up 26 cents, or […]

Daily drop of around 0.8% for oil – Profits for the 7th week in a row the WTI

Daily drop of around 0.8% for oil – Profits for the 7th week in a row the WTI Daily drop of around 0.8% for oil – Profits for the 7th week in a row the WTI

Oil prices closed lower on Friday, but remained in contact with the three-month high as fears of new coronavirus restrictions in Shanghai offset steady demand for fuel in the US, which is the largest consumer. Oil plunged into negative territory following the Wall Street slump following the announcement of data showing that consumer prices in […]

Oil: Strong earnings over 3% per week – Gasoline is at a record high

Oil: Strong earnings over 3% per week – Gasoline is at a record high Oil: Stop the profitable week series – US crude falls 9.2% in 5 days

Oil prices closed higher on Friday as markets looked skeptical about whether the extra output decided by OPEC + on Thursday could offset supply from Russia and meet growing demand from China. by relaxing the restrictions on coronavirus. At the same time, President Joe Biden said on Friday that he did not “immediately plan” (within […]

Crude gains in the wake of the decision on European sanctions on Russian oil

Crude gains in the wake of the decision on European sanctions on Russian oil Crude gains in the wake of the decision on European sanctions on Russian oil

Crude futures gains in Wednesday’s session, following the European Union’s decision to impose some sanctions on Russian oil and a few hours after China ended its two-month quarantine in Shanghai. World-class British crude Brent crude was up 1.3% at $ 117.15 a barrel. For their part, the futures of the American crude type WTI gained […]

Oil: Rally 6% per brent per week, at + 1.5% US crude

Oil: Rally 6% per brent per week, at + 1.5% US crude Oil: Rally 6% per brent per week, at + 1.5% US crude

Oil prices closed higher on Friday, supported by the prospect of a European embargo on Russian oil and the upcoming US summer travel season. “The momentum for oil is steadily rising, while many factors are talking about a narrower market, especially if an embargo is imposed on Russian oil,” said the general manager of SPI […]

Oil: At a high of over 2 months with strong earnings per week

Oil: At a high of over 2 months with strong earnings per week Oil: Rally 6% per brent per week, at + 1.5% US crude

Oil prices continued to gain on Friday, with US crude closing at 11-week highs and Brent at about two-month highs, with prices finding support for a European embargo on Russian oil and the upcoming US summer travel season. “The momentum for oil is steadily rising, while many factors are talking about a narrower market, especially […]

Oil: Gains amid supply concerns – WTI ‘jump’ 2.5% weekly

Oil: Gains amid supply concerns – WTI ‘jump’ 2.5% weekly Daily drop of around 0.8% for oil – Profits for the 7th week in a row the WTI

Oil prices closed with small gains on Friday, after deleting the intra-conference losses, however, the upward momentum was limited by the heavy losses of Wall on Friday. Oil prices have found support in the climate of concern caused by the narrow range of supply in the oil market. Thus, the crude type West Texas Intermediate […]