Big-Time Oil Price Drop Locked in as Global Markets Cool Down
13 Articles
13 Articles
Big-time oil price drop locked in as global markets cool down
Motorists are on track for major relief at the pumps next week, with diesel prices poised to plunge by up to ₱9.5 per liter and gasoline by up to ₱5.00 per liter as global oil markets cool down.Based on the four-day trading average of the Mean of Platts Singapore (MOPS), the regional benchmark, local energy retailers are tracking a steep price cut for diesel of between ₱7.5 and ₱9.5 per liter. Gasoline prices are similarly projected to drop by ₱…
The recommended price for diesel is at its lowest point in months. While the price stood at 2.82 euros at the beginning of March, it has dropped to 2.26 euros this week. Now that a provisional agreement has been signed by the United States and Iran, cautious optimism has emerged in the global energy market. At the beginning of March, fuel prices went through the roof when oil tankers came to a standstill in the Strait of Hormuz, a major transit …
Fuel Prices In Thailand Drop Following US-Iran Peace Agreement
BANGKOK – Motorists across Thailand are finally feeling some much-needed financial relief at the gas pumps. Fuel prices have continued to drop significantly following the historic US-Iran peace agreement. This landmark deal has reopened key global shipping routes, leading to a sudden plunge in crude oil costs. For many months, everyday drivers faced soaring transport […] The post Fuel Prices in Thailand Drop Following US-Iran Peace Agreement fir…
The barrel of West Texas Intermediate fell from 0.25% to US$76.60. The post Oil undecided after the deal with Iran appeared first on Les Affaires.
Gas prices fall with Iran peace deal, but could rise again
Gas prices in Canada fell with the signing of a tentative peace deal between Iran and the United States, but while they’re expected to go even lower, many experts are warning they will rise again. Even so, experts are divided, with some saying it will be a rapid jump, and others a slow gain. Some are also suggesting barrel prices could fall and stay lower than they are now, but doubt they will go as low as they were in February before the war br…
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