All publications by tag «OPEC»
2022, December, 19, 12:10:00
OIL PRICE: BRENT BELOW $80, WTI BELOW $75
Brent gained 42 cents, or 0.5%, to $79.46 a barrel, WTI was at $74.67, up 38 cents, or 0.5%.
2022, December, 16, 12:45:00
OIL PRICE: BRENT NEAR $80, WTI ABOVE $74
Brent fell 14 cents, or 0.2%, to $81.07 per barrel, WTI slipped 22 cents, or 0.3%, to $75.89.
2022, December, 16, 12:40:00
GLOBAL OIL DEMAND UP BY 2.3 MBD
The IEA predicts oil demand will rise by 2.3 million b/d in 2022 and by a further 1.7 million b/d in 2023, noting the contrast between strong gasoil and diesel use, especially in non-OECD economies, and weak petrochemical consumption in Europe and Asia.
2022, December, 16, 12:15:00
OIL: LOCK, STOCK & TWO SMOKING BARRELS
OPEC is also in protection of the $80/bbl price floor and I'd suggest to get the buys in at mid 75s to low 72s on the #CL being a value trader coming into 2023.
2022, December, 14, 13:10:00
OIL PRICE: BRENT ABOVE $80, WTI ABOVE $75
Brent dropped 17 cents, or 0.2%, to $80.51 per barrel, WTI fell 3 cents to $75.36.
2022, December, 13, 14:00:00
OIL PRICE: BRENT NEAR $79, WTI NEAR $74
Brent rose $1.33, or 1.7%, to $79.32 per barrel, WTI gained $1.15, or 1.6%, to $74.32.
2022, December, 12, 15:50:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $70
Brent were down 38 cents, or 0.4%, at $75.72 a barrel, WTI was at $70.76 a barrel, down 26 cents, or 0.3%.
2022, December, 7, 11:55:00
OIL PRICE: BRENT ABOVE $79, WTI NEAR $74
Brent edged up 3 cents, or 0.04%, to $79.38 a barrel , WTI were down 9 cents or 0.12% to $74.16 a barrel.
2022, December, 5, 12:00:00
OIL PRICE: BRENT NEAR $86, WTI BELOW $81
Brent were last up 49 cents, or 0.6%, to $86.06 a barrel , WTI gained 51 cents, or 0.6%, to $80.49 a barrel.
2022, December, 5, 11:55:00
OPEC + RUSSIA STABILIZE THE MARKET
the Participating Countries reiterated their readiness to meet at any time and take immediate additional measures to address market developments and support the balance of the oil market and its stability if necessary.