How has the war in Israel affected world markets? Oil prices rose 5% after the attack on Israel by the Palestinian group Hamas threatened to inflame tensions in the Middle East, the source of about a third of the world’s oil. According to Bloom... #GlobalOilPrices #IsraelWar #WorldMarket
The NBU predicts a slight increase in oil prices in the second half of the year, against the background of the global economy’s upturn, particularly in China. In the rest of the year, prices will be under downward pressure due to the active production increase in the US and ... #gasprices #GlobalOilPrices #nbu
The US fears that without controls on the price of oil, it will increase by 40%. The global oil price could rise by 40% to around $140 per barrel if the proposed cap on the price of Russian oil is not passed, said the US Treasury Department. US Treasury Secretary Janet Yellen wil... #EnergyCrisis #GlobalOilPrices #JanetYellen #OilPrices
Oil falls below $100 as recession risks arise. Oil had its worst trading day in almost three months as recession fears gripped markets, outweighing a fundamentally tight supply market, reported Bloomberg. West Texas Intermediate crude futures sett... #GlobalOilPrices #GrudeOilPrices #OilPrices #OilPrices2022
OPEC and its allies have agreed to pump more oil to reduce global prices. OPEC and its ten allies agreed to more than expected daily production growth in order to mitigate the effects of rising fuel prices amid Russia’s war in Ukraine, reported the WSJ. The move rep... #GlobalOilPrices #OilProduction #OPEC #OPECagreement
Oil prices have risen to $115 a barrel. Oil prices rose at the beginning of trading on Wednesday due to limited stocks and the prospect of growing demand in connection with the upcoming start of the summer driving season in the United Stat... #GlobalOilPrices #OilPrices #RussianAgression #WTI
After the two-day drop, oil prices climb 6% on concerns about Russia. After two days of sharp losses, oil prices rose sharply Wednesday on renewed concerns about the flow of energy from Russia, reported CNN. US oil jumped 6.3% to $105.97 a barrel in recent trading. Bre... #BrentCrude #EUoil #GlobalOilPrices #OilPrices #USoil
