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Oil prices rise on strong China growth and Middle East conflict, brent crude at $84.24/bbl
13 May 2024 18:47 GMT
Oil prices climbed higher on Friday, extending their upward trajectory fueled by positive indicators of economic improvement in China. Additionally, the ongoing negotiations to ease tensions between Israel and Hamas, which have so far yielded no results, …
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Brent Crude Oil Faces Downward Pressure Amid Demand Uncertainties
13 May 2024 14:03 GMT
… Analytical Department
The price of Brent crude oil is currently experiencing a … , trading around 82.55 USD per barrel this Monday. The primary concern …
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Oman oil price reaches $83.88/barrel
13 May 2024 19:37 GMT
… July delivery, reached $83.88 per barrel. The price of Oman oil … in May reached $78.49 per barrel, down $3.74 cents to … .
Brent crude futures were up 21 cents at $82.83 a barrel by … cents at $77.99
Although prices were supported by a few …
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GasBuddy predicts what will happen to prices at the pump before Memorial Day
13 May 2024 16:10 GMT
… expect most Americans will see prices fall before the holiday … is behind us.”
OIL PRICES
Struggling under the pressure of … economic slowdown, oil prices have languished below $80 … week’s $78.74 per barrel start. Brent crude oil was also trading up …
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Govt expected to reduce fuel prices from May 16
13 May 2024 15:09 GMT
… is expected to reduce fuel prices for the next fortnightly, … the government, the new prices would be approximately Rs274 for … $82.5 per barrel.
On May 1, 2024, petrol prices were lowered … largest economy. Brent crude futures were at $82.72 a barrel, while US …
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Asia report: Markets mostly fall as prices rise in China
13 May 2024 10:52 GMT
… to remain unchanged, while house prices are likely to continue their … 1.6629.
In oil markets, Brent crude futures were last up 0 … on ICE at $83.03 per barrel, while the NYMEX quote for … -than-expected increase in consumer prices in April, according to fresh …
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Oil prices up over investor profit-taking, supply uncertainties
13 May 2024 10:26 GMT
… .
International benchmark Brent crude traded at $83.09 per barrel at 11.22 … puts upward pressure on oil prices.
Last week, Hamas, which … , OPEC+, which needs higher prices, could agree to sustain its … put downward pressure on prices by making oil expensive …
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BUNKER PRICES: G20-VLSFO Index Rises to Four-Day High
13 May 2024 09:10 GMT
… : Ship & Bunker
Bunker fuel prices advanced at most ports on … Friday, with global average VLSFO prices rising to the highest level … ;s G20-VLSFO Index of prices across 20 leading bunkering ports … $830.50/mt.
ICE Brent crude futures fell by $1.09 …
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Crude oil prices slip on signs of weak fuel demand, strong dollar
13 May 2024 07:29 GMT
… the world’s biggest economy.Brent crude futures slid 7 cents, or … .1%, to $82.72 a barrel by 0624 GMT, while U … were at $78.21 a barrel, down 5 cents.
“Oil markets … investors holding other currencies.
Oil prices also fell amid signs of …
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Oil prices slide as US Federal Reserve dampens rate cut hopes
13 May 2024 07:17 GMT
… prices continued their downward trend on Monday.
By 00:25 GMT, Brent crude … per barrel.
On Friday, both benchmarks saw a $1 decrease in closing prices … of $8 per barrel. The plummeting prices have sent shockwaves … $90 to $82 per barrel, marking a notable shift …