News

Category archives for Crude Oil

Oil prices raise Iraq’s cash reserves to 90 billion dollars by the end of 2022

  • 25 May, 2022
  • 3:45 pm EEST

Iraq is preparing to reap many profits from the rise in oil prices, which have been trading above the $100 per barrel barrier since the beginning of this year. Iraq expects that there will be no budget deficit, supported by…

Continue Reading

Indian crude processing increases in April as low-cost Russian oil boosts returns.

  • 24 May, 2022
  • 5:37 pm EEST

Indian crude processing increases in April as low-cost Russian oil boosts returns. According to government data released on Tuesday, Indian refiners' April crude oil throughput was 8.5 % higher year on year, as refiners ramped up runs to take advantage…

Continue Reading

Oil prices rise 1%, and Brent crude is near $114

  • 23 May, 2022
  • 3:58 pm EEST

Oil prices rose about 1% during trading on Monday, with the increase in demand in the United States for fuel and the scarcity of supply. This comes as Shanghai, the economic capital of China, is happy to reopen its doors…

Continue Reading

Oil prices rise with the easing of Corona restrictions in China.. Brent crude exceeds $113

  • 18 May, 2022
  • 3:16 pm EEST

Oil prices rose today, Wednesday, May 18, on expectations that the easing of restrictions imposed to combat the Corona virus in China will lead to a rise in demand, as industry data showed a decrease in US crude stocks. And…

Continue Reading

Oil prices are falling due to fears of a lack of supply after the ban on Russian crude

  • 16 May, 2022
  • 2:48 pm EEST

Oil prices fell in early trading, today, Monday, May 16th; This limited investors' gains, due to concerns about supply at a time when the European Union is preparing to ban the import of Russian oil, and also with a limited…

Continue Reading

Reliable Trading since 2012