Tag: crude
Stocks Stumble, Dollar Dips: Market Focus Shifts to Nvidia Earnings
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Market Overview Asian stock markets showed mixed performance on Monday as major share indices displayed hesitation ahead of crucial inflation data and upcoming earnings reports....
What Type Is Regular Gasoline?
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Regular gasoline, often referred to simply as "regular," is a common type of fuel used in vehicles and other engines. Despite its ubiquity, there...
Oil Prices Set to End Week Lower Amid Demand Concerns and Supply Relief
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August 23 – Oil prices showed little movement on Friday but are poised to close the week lower. This trend is attributed to weaker-than-expected...
Hungary Seeks Ukrainian Approval for Russian Oil Import Loophole
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Budapest – A diplomatic standoff over Hungary’s continued imports of Russian oil may be resolved through a proposed loophole, Hungary urged Ukraine on Thursday....
Oil Prices Decline for Fifth Consecutive Session Amid Demand Concerns
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Oil prices fell for the fifth straight session on Thursday, driven by growing worries about global demand, despite a recent drop in U.S. fuel...
Environmentalists Celebrate Government’s Reversal on Oil Import Increase
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Environmental advocates applauded the government’s decision on Wednesday to retract a controversial plan to boost crude oil imports through the southern port of Eilat. On...
What Type of Crude Oil Is Used to Make Diesel?
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Crude oil is a vital natural resource that serves as the primary feedstock for the production of various fuels, including diesel. Understanding the types...
How is Gasoline Sold in the UK?
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Gasoline, or petrol as it is commonly known in the UK, is a fundamental component of the nation's transport infrastructure. The sale and distribution...
Why Is Hong Kong Petrol So Expensive?
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Hong Kong, known for its bustling economy and high standard of living, faces one of the highest petrol prices in the world. The cost...
Oil Prices Decline as Middle East Tensions Ease and China Data Weakens
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Oil prices fell approximately 1% to a two-week low on Tuesday due to a combination of easing Middle East supply concerns and disappointing economic...
Goldman Sachs Forecasts Brent Oil Futures to Fall to $68 by End-2025 Amid Weaker Chinese Demand
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Goldman Sachs has projected a significant decline in Brent crude oil futures, anticipating a drop to $68 per barrel by the end of 2025....
Oil Prices Extend Decline as US-Led Gaza Cease-Fire Gains Traction
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Oil prices continued to slide, extending their biggest drop in two weeks, as the United States announced that Israel had accepted a cease-fire proposal...