Tag: oil news

29
Nov

Oil prices fell after an unexpected rise in crude stocks in the United States

Posted ByMohammad Abdelkhalik Category Daily FX News 5Comments

Oil prices fell at the European market on Wednesday to assume incurring losses for the third consecutive day, after an unexpected rise in crude stocks in the United States, according to data released by the Institute of Petroleum. Traders outlook data expected to be released by the US Energy Information …

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22
Nov

Oil prices recorded their highest levels in two and a half years

Posted ByMohammad Abdelkhalik Category Daily FX News 4Comments

Crude oil rose at European market for the second consecutive day, on Wednesday, in pursuit to expanding its gains, hitting the highest curve over two and a half years. Brent crude futures rose to the highest level over one week after unofficial data released in the United States which showed …

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15
Nov

Oil prices stabilize at the lowest level in two weeks

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices were stable at Europe market on Wednesday within a limited range of trading after the previous day’s biggest daily loss in six months, to settle at a two-week low. Oil prices fell after the International Energy Agency reduced its outlook for global demand growth and its confirmation on …

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8
Nov

Oil prices rose based on KSA domestic and foreign policy tensions

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices rose slightly on the European markets on Wednesday, resuming its gains which have halted yesterday by profit-taking and correction processes, prices are holding up around the highest level over two and a half year, based on the KSA domestic and foreign policy tensions, in addition to the decline …

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13
Oct

Oil prices has jumped to the highest level in two weeks

Posted ByMohammad Abdelkhalik Category Daily FX News

On Friday oil prices has jumped in the Europe market to the highest level in two weeks, to get back its full yesterday losses, and in its way to achieve wider weekly gain, according to displays shrinking in the US with continuing crude stocks decreasing and levels production slowing down, …

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5
Sep

Crude oil rose after meeting between Saudi Arabia and Russia

Posted ByMohammad Abdelkhalik Category Daily FX News

World oil prices rose on Tuesday, with US crude oil hitting a one week high, and Brent crude oil offset some of its losses yesterday. Prices rose after Russia and Saudi Arabia, the world’s top oil producers, discussed extending the global production cut off after March 2018. . By 09:30 …

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16
Aug

Oil prices rose because of decreasing in US crude oil reserves

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices rose in the European market on Wednesday, extending for a second straight day from a three-week low, based on a drop in US crude inventories, according to API data, the lowest level since October 2016. With operations returning to normal. At 09:10 GMT, US crude rose to 47.80 …

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1
Aug

Oil prices rise for a seventh consecutive day on the back of the US supply slump

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices rose in Europe on Tuesday, extending for the seventh day in a row, the longest daily gain since June, marking the highest level in 10 weeks, based on a drop in supply in the United States. To reduce the supply of the market. By 09:05 GMT, US crude …

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19
Jul

Oil prices keep their gains near a two week high

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices rose in Europe on Wednesday to keep their gains for a second straight day, near a two week high, on hopes of improving global demand that will help restore market balance, but gains remain limited after industrial data showed the US crude inventories rise. , And expectations of …

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4
Jul

Oil prices has backed down from highest level in four weeks

Posted ByMohammad Abdelkhalik Category Daily FX News

On Tuesday oil prices has backed down for the first time since nine days, because of the recovery operations and collecting gains, after it record at the last time in the Europe market trading the highest level in four weeks, this became in the middle of the expectation to twice …

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