All publications by tag «OPEC»
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2022, November, 7, 12:10:00
OIL PRICE: BRENT NEAR $98, WTI NEAR $92
Brent dropped $1.24 or 1.26% to trade at $97.33 a barrel, WTI was at $91.17 a barrel, down $1.44.
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2022, November, 7, 12:05:00
OPEC MARKET DECISIONS
OPEC and non-OPEC allies — generally referred to as OPEC+ — agreed at this week’s meeting in Vienna to reduce production by 2 million BPD from November levels.
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2022, November, 7, 12:00:00
OPEC+, U.S. OIL RELATIONS
The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.
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2022, November, 3, 12:25:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 YET
Brent dropped 85 cents, or 0.9%, to $95.30 a barrel, WTI fell $1.01, or 1.1%, to $88.99.
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2022, November, 2, 11:50:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 ANEW
Brent rose 54 cents, or 0.6%, to $95.19 a barrel, WTI rose 72 cents, or 0.8%, to $89.09 a barrel.
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2022, November, 1, 17:15:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89
Brent rose $1.95, or 2.1%, to $94.76 per barrel, WTI rose $1.93, or 2.23%, to $88.46 a barrel.
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2022, October, 31, 12:15:00
OIL PRICE: BRENT BELOW $96, WTI BELOW $88
Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.
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2022, October, 31, 12:10:00
RUSSIAN OIL UNCERTAINTY
The G7 and EU are finalizing details of a price cap that is intended to be implemented with the EU ban on seaborne Russian crude imports on Dec. 5 and Russian oil products on Feb. 5, 2023.
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2022, October, 28, 12:05:00
OIL PRICE: BRENT BELOW $97, WTI ABOVE $88
Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.
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2022, October, 27, 15:30:00
OIL PRICE: BRENT BELOW $97, WTI BELOW $89
Brent rose 56 cents, or 0.6%, to $96.25 a barrel, WTI gained 41 cents, or 0.5%, to $88.32.