2022-05-20 12:15:00
OPEC OIL PRICE: $112.04
OPEC - Vienna, Austria, 20 May 2022--The price of OPEC basket of thirteen crudes stood at $112.04 a barrel on Thursday, compared with $114.94 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
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Earlier:
2022, May, 19, 14:00:00
OIL PRICE: BRENT ABOVE $107, WTI ABOVE $107
Brent were down $1.25, or 1.2%, at $107.86 a barrel, WTI fell $1.96, or 1.8%, to $107.63 a barrel.
2022, May, 19, 13:55:00
OPEC OIL PRICE: $114.94
The price of OPEC basket of thirteen crudes stood at $114.94 a barrel on Wednesday
2022, May, 19, 13:50:00
EUROPEAN ENERGY SUICIDE
Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.
2022, May, 18, 12:15:00
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $114
Brent was up 23 cents, or 0.2%, at $112.16 a barrel, WTI climbed 71 cents, or 0.6%, to $113.11 a barrel.
2022, May, 18, 12:10:00
OPEC OIL PRICE: $117.20
The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday
2022, May, 17, 13:50:00
OPEC OIL PRICE: $113.07
The price of OPEC basket of thirteen crudes stood at $113.07 a barrel on Monday
2022, May, 17, 13:20:00
GLOBAL CHAOTIC ENERGY TRANSITION
The energy transition to net zero emissions will likely take longer than planned, and the cost will be much higher than most realize.