All publications by tag «oil»
2024, April, 8, 06:45:00
RUSSIAN OIL FOR INDIA
Russia, which prior to invading Ukraine had an insignificant role in India’s oil basket, has seen exports to India swell since the start of the war and consequent Western sanctions, becoming the country’s top supplier.
2024, April, 3, 07:00:00
OIL PRICE: BRENT NEAR $89, WTI ABOVE $85
Brent rose 20 cents, or 0.22%, to $89.12 per barrel, WTI climbed 17 cents, or about 0.2%, to $85.32 a barrel.
2024, March, 26, 07:00:00
OIL PRICE: BRENT NEAR $87, WTI ABOVE $82
Brent rose 23 cents to $86.98 a barrel, WTI climbed 28 cents to $82.23.
2024, March, 18, 07:00:00
OIL PRICE: BRENT ABOVE $85, WTI ABOVE $81
Brent climbed 32 cents, or 0.4%, to $85.66 a barrel, WTI was up 40 cents, or 0.5%, at $81.44.
2024, March, 18, 06:45:00
OIL SECURITY FOR ALL
OPEC has consistently reaffirmed its commitment to oil market stability and security of supply, including through its Members holding spare capacity at their own cost in case of any unforeseen global oil supply disruptions.
2024, March, 13, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent rrose 46 cents, or 0.6%, to $82.38 a barrel, WTI gained 47 cents, or 0.6%, to $78.03.
2024, March, 7, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI ABOVE $79
Brent rose 15 cents to $83.11 a barrel, WTI rose 18 cents to $79.31 a barrel.
2024, March, 7, 06:55:00
OPEC+ VOLUNTARY CUTS
These voluntary cuts are calculated from the 2024 required production level as per the 35th OPEC Ministerial Meeting held on June 4, 2023, and are in addition to the voluntary cuts previously announced in April 2023 and later extended until the end of 2024.
2024, March, 7, 06:50:00
OPEC+: HARD DECISION
These curbs on supply have helped prop up the price of crude for the past 18 months but left Saudi Arabia, which has cut its production by 2mn barrels a day, shouldering most of the cost.
2024, March, 5, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $79
Brent fell 3 cents to $82.77 a barrel, WTI fell 11 cents, to $78.63.