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[size=35][size=35]Oil prices have fluctuated between high and low over the past 24 hours[/size]
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2021-03-25 | 1:47
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Brent crude futures were down $ 0.86, or 1.43 percent, at $ 63.55 a barrel at 05:10 GMT, after surging 6 percent overnight.
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US West Texas Intermediate crude futures fell $ 0.99, or 1.62%, to $ 60.19 a barrel, after rising by 5.9%.
Prices fell earlier in the week due to concerns about tightening epidemic restrictions in Europe and vaccine delays that delay fuel demand growth, but they rose on Wednesday as the ship stopped in [url=https://www.alsumaria.tv/Entity/47522/%D9%82%D9%86%D8%A7%D8%A9 %D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3/ar/]Suez Canal[/url]Which stopped 10 tankers carrying 13 million barrels of oil.
The market was also helped on Wednesday by data showing improved demand for gasoline in[url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9/ar/]United State[/url]Refinery operating rates have improved.
However, those factors supporting the market were short-lived, even as the tugs were struggling to free a ship[url=https://www.alsumaria.tv/Entity/47522/%D9%82%D9%86%D8%A7%D8%A9 %D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3/ar/]Suez Canal[/url] Stranded.
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[You must be registered and logged in to see this link.]2021-03-25 | 1:47
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1,141 Views
Oil prices fell more than 1 percent today, Thursday, as concerns about fuel demand re-emerged along with new closures of the outbreak of the Coronavirus pandemic, reducing the gains made overnight by the halting of a giant container ship that prevented crude shipments from crossing the Suez Canal.
Brent crude futures were down $ 0.86, or 1.43 percent, at $ 63.55 a barrel at 05:10 GMT, after surging 6 percent overnight.
.
US West Texas Intermediate crude futures fell $ 0.99, or 1.62%, to $ 60.19 a barrel, after rising by 5.9%.
Prices fell earlier in the week due to concerns about tightening epidemic restrictions in Europe and vaccine delays that delay fuel demand growth, but they rose on Wednesday as the ship stopped in [url=https://www.alsumaria.tv/Entity/47522/%D9%82%D9%86%D8%A7%D8%A9 %D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3/ar/]Suez Canal[/url]Which stopped 10 tankers carrying 13 million barrels of oil.
The market was also helped on Wednesday by data showing improved demand for gasoline in[url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9/ar/]United State[/url]Refinery operating rates have improved.
However, those factors supporting the market were short-lived, even as the tugs were struggling to free a ship[url=https://www.alsumaria.tv/Entity/47522/%D9%82%D9%86%D8%A7%D8%A9 %D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3/ar/]Suez Canal[/url] Stranded.
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