Tag: crude prices
Oil Prices Hold Steady Near Four-Month Peak Amid OPEC+ Production Cuts
Jennifer -
Oil prices experienced a slight retreat on Monday, yet remained in proximity to their most elevated levels since mid-April, bolstered by a commitment from...
Oil Prices Poised for Sixth Consecutive Weekly Gain as Output Reduction Commitments Solidify
Jennifer -
In a testament to the evolving landscape of global oil dynamics, prices surged for a consecutive second day on Friday, firmly poised to mark...
What is the Difference Between Brent Oil and Crude Oil?
玛丽 -
When discussing the global oil market, two terms often come up: Brent oil and crude oil. These terms refer to different types of oil...
Putin Orders Adjustments to Indicators Determining Taxation on Oil Prices
Joy -
On May 23, according to a statement from the Kremlin, Russian President Vladimir Putin ordered the government to fine-tune existing indicators and establish new...
Oil Prices Rise on Optimism
Joy -
Oil prices rose on May 18 as traders bought into risky assets on optimism about U.S. debt-ceiling talks, largely ignoring a bearish EIA report. U.S....
Brent Crude Vs WTI Crude: What’s the Difference?
Joy -
Brent and WTI crude are two of the most widely used benchmarks for oil prices worldwide. In this article, we will take a closer...
Why is brent crude rising
Joy -
Brent crude, a type of oil that is used as a benchmark for pricing other crude oils, has been rising in price in recent...
Why brent crude is falling
Joy -
If the price of Brent crude is currently falling, there are a number of potential reasons why this might be the case. One possible reason...
Iran’s crude oil revenue surges 580% in 4 months
jack wei -
Iran's oil and condensate export earnings surged 580 percent in the first four months of the Iranian calendar, which began on March 21 this year,...
Crude oil prices on fire again
Crude oil prices have surged to a three-month high, with Brent rising nearly $10 per barrel since the government slashed duties on petrol and...