Oil prices fell more than 5%, during trading on Monday, to reach the lowest level in two weeks; The shutdowns in Shanghai have fueled demand fears. Oil prices continued their losses after ending their dealings last week with a decline…
Continue ReadingOil prices rise 1.5% , Brent crude above 108 dollars Oil prices rose by more than 1.5%, during trading on Thursday, with the emergence of supply concerns due to a possible European Union embargo on Russian oil, days after the…
Continue ReadingOil prices deepened their losses by more than 4% during trading on Tuesday, with fears of slowing demand for crude, and the rise of the dollar to its highest level in two years. The International Monetary Fund cut its forecast…
Continue ReadingBecause of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest…
Continue ReadingOil prices fell about 2% during trading on Monday, amid the market's anticipation of the liberation of the strategic oil reserves announced by the member states of the International Energy Agency, with the continued closures in China due to the…
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