Oil Drops to Four-Month Low Market Fears Recession

The ongoing banking crisis in the United States contributes to oil market fear. Oil prices ended sharply lower on Tuesday, at their lowest in four months, operators still concerned about…

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Oil Prices Fell Today

Oil prices fell today, Wednesday, after rising in three sessions, as data indicating a rise in US inventories and expectations about the trends of the dollar soured investors. West Texas…

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Oil Prices Drop Significantly

Oil prices fall sharply. Apparently triggered by reports that US President Joe Biden is considering releasing 1 million barrels a day from US oil reserves in the next few months…

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Petrobras Tries to Avoid Passing on High Oil Prices to Fuel

Petrobras said in a statement to the market that it continues to monitor the unfolding of the surge in oil in its business. Petrobras said late on Wednesday that it…

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Oil Prices Rose Today “Brent” 82.4 Dollars

Oil prices rose today, extending gains from the previous day as investors remained skeptical about the effectiveness of a US-led move to withdraw from strategic oil reserves and shifted their…

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The White House is in Contact with “OPEC” About Oil Prices

Hülya Karahan Production Editor istanbulpostcomtr@gmail.com The White House is in contact with “OPEC” about oil prices, after Brent crude oil prices jumped, exceeding the level of $89 a barrel. The…

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Oil Prices Closed Higher After OPEC Decision

The price of intermediate oil of Texas (WTI) closed this Thursday with a rise of 3.9%, to 61.45 dollars, following the decision of the OPEC + alliance to pump two…

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Saudi Arabia’s Energy Facilities are Attacked Oil Prices Soar Above 70 U.S. Dollars

Saudi Arabia stated that after an attack on an energy facility in the country, oil prices broke through US$70 per barrel in early Asian trading, continuing the rise last week…

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Oil Hails Falling US Stocks

Oil prices rose again on Thursday to near pre-COVID-19 pandemic levels, aided in particular by OPEC + ‘s confidence in the economic recovery and a drop in crude stocks in…

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Saudi Arabia’s Drop in Production Benefits Oil Prices

Oil prices rose sharply on Monday, posting their largest single-session increase in three weeks, propelled by the entry into force of a further cut in Saudi production. A barrel of…

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Oil Prices are Increasing Significantly

The good mood in the Asian financial markets is driving prices. Brent and WTI are near their highs since the first corona wave. Singapore Oil prices rose significantly at the…

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European Shares Rise in Meager Transactions

European stocks rose in meager trading on Monday, amid optimism about the resumption of economic activities in a number of countries and indications of further stimulus to the ailing euro…

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