Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand

Wedoany.com Report-Jan 7,Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish support from a weaker U.S. dollar and forecasts for...

2025-01-07

US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand

Wedoany.com Report-Jan 7,US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil and gas wells and...

2025-01-07

Oil Prices Post 3% Annual Decline

Wedoany.com Report-Jan 3,Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, Chinas economy struggled, and the US and other non...

2025-01-03

Brazil’s Petrobras Raises Jet Fuel Prices by Around 7% in Key Markets

SAO PAULO, Jan 2 (Reuters) - Brazilian state-run oil firm Petrobras (PETR4.SA), opens new tab hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such a...

2025-01-03

Oil up Over Strong Economic Data From China, Weakening Us Dollar

Wedoany.com Report-Jan 2,Chinese authorities approve record fiscal stimulus package of 3 trillion yuan to boost economy, contributing to market optimism over future oil demand Oil prices continued to ...

2025-01-02

South Africa’s Petrol, Diesel Pump Prices to Rise in January

Wedoany.com Report-Jan 2,South Africas government said that the petrol pump price would increase by up to 19 cents a litre and the diesel price would rise by up to 10.50 cents a litre from January 1. ...

2025-01-02

UAE Petrol, Diesel Prices Remain Unchanged for January 2025

Wedoany.com Report-Jan 2,This stability follows months of declining fuel prices in 2024, with Super 98 petrol dropping from a high of Dh3.34 in May to the current rate of Dh2.61 Petrol and diesel pric...

2025-01-02

Azerbaijani Oil Price Exceeds 76$

Wedoany.com Report-Jan 1,The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by 0,75 USD or ...

2025-01-01

Oil Inches Lower in Thin Trade, Investors Eye China, US Data

Wedoany.com Report-Dec 31,Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth ...

2024-12-31

Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking

Wedoany.com Report-Dec 30,It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Information Administra...

2024-12-30