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Commodities

Asian TOP Brands: Saudi Aramco Keeps its Leadership

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21 May 2024 – Saudi Aramco stands firmly on the first position amongst the largest companies in Asia. Its market capitalization has recorded USD 1,921...

News

US renews oil sanctions against Venezuela, doesn’t expect fair elections

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The United States has decided to renew sanctions against Venezuela's oil sector over authoritarian ruler Nicolás Maduro's restrictions on the opposition's ability to run...

News

Oil continues to rise, Brent price exceeds $89 per barrel for...

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Oil prices continue to rise today, with North Sea Brent crude oil exceeding 89 dollars per barrel for the first time since October. Fears...

The ministry also said the average price of Urals crude rose to $64.23 a barrel in December from $50.47 a barrel a year earlier. Earlier this year, however, the price of Urals crude oil had fallen below the price ceiling to a range of around $55 to $56 a barrel, according to Reuters data.

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The average price of Russian Urals crude oil fell last year,...

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The average selling price of Russia's key Urals crude fell to $62.99 a barrel last year from $76.09 a barrel the previous year. It...

Oil prices are swinging both ways today.

Commodities

Oil prices swing both ways over Venezuela and Israel

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Oil prices are swinging both ways today. Market sentiment is being influenced by expectations that easing US sanctions on Venezuela could bring more oil...

The bank said the improved outlook was due to higher oil prices, which are boosting oil company profits.

News

Goldman Sachs has improved its estimate for this year’s earnings of...

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Profits of companies that are part of the pan-European STOXX Europe 600 stock index are expected to increase by about three percent this year....

North Sea Brent crude oil was up 1.4 percent at around 5:45 p.m. CET to $84.65 a barrel. U.S. light crude West Texas Intermediate (WTI) gained 1.8 percent to hover slightly above $80.80 a barrel.

Economy

Oil prices rise as China tries to ease concerns about its...

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Oil prices are up more than a percent today after falling for three consecutive days. China's central bank is trying to boost the property...

Commodities

British oil group BP’s profit fell by 70 percent, but the...

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The British oil company BP managed a net profit of $2.59 billion (CZK 56.3 billion) in the second quarter, which is a year-on-year drop...

Western countries have been restricting energy imports from Russia following Russia's invasion of Ukraine. Moscow is therefore selling oil and other raw materials at a discount to countries such as India and China.

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Russian oil imports to India decimated last year, State Bank of...

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Russian crude oil imports to India decimated last year. This was stated by the Bank of Baroda, an Indian financial institution controlled by the...

News

Petrol Price in UAE – Can We Expect Its Drop?

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Content Current state of petrol price in UAEWhat factors are influencing the petrol price in UAEPossibility of a petrol price drop in UAE Current state of...