News

Category archives for crude

Oil prices turn lower as the US dollar rises

  • 24 September, 2021
  • 5:36 pm EEST

Oil prices turned lower, during trading today, Friday, with the strength of the US currency, but crude is heading to achieve gains for the third week in a row, after a noticeable increase during the past 3 sessions. Crude prices…

Continue Reading

After Hurricane Ida, US Gulf producers have restored 50% of their oil output.

  • 13 September, 2021
  • 11:53 am EEST

Offshore oil companies have reopened nearly half of the oil production that was shut down due to Hurricane Ida, which hit Port Fourchon, Louisiana, two weeks ago. According to the Bureau of Safety and Environmental Enforcement, offshore oil operators have…

Continue Reading

The FTSE and WTI oil are two trades to keep an eye on.

  • 10 September, 2021
  • 11:26 am EEST

FTSE increases despite a slowdown of UK economic growth in July. The Baker Hughes rig count is a key indicator for WTI oil. The FTSE is rising, but the UK economy is slowing. The FTSE is expected to have a…

Continue Reading

Oil price fell .. and US crude is less than $ 70

  • 03 September, 2021
  • 12:44 pm EEST

Oil prices fell, during trading today, Friday, amid anticipation of the monthly jobs report in the United States of America. And oil prices rose 2%, and record crude exceeded the barrier of $ 73 a barrel, at the close of…

Continue Reading

Oil prices are falling amid renewed concerns about a recovery in demand And crude is heading for the first drop in 4 sessions

  • 26 August, 2021
  • 1:58 pm EEST

Oil prices are falling amid renewed concerns about a recovery in demand And crude is heading for the first drop in 4 sessions Oil prices fell slightly, during trading today, Thursday, amid renewed concerns about the recovery of demand due…

Continue Reading

Reliable Trading since 2012