All publications by tag «OPEC»
2022, October, 20, 13:55:00
GLOBAL OIL: MURKY WATERS
Taking into account the recent developments within the Oil Markets,it is safe to say that we are within the murky waters with very troubled vessels to act as a shield.
2022, October, 19, 12:05:00
OIL PRICE: BRENT NEAR $90, WTI NEAR $83
Brent rose 22 cents, or 0.2%, to $90.25 a barrel, WTI was at $83.50 a barrel.
2022, October, 19, 11:55:00
UAE, SAUDI ARABIA, OPEC+ DECISION
The UAE has expressed support for the statement by the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia regarding reviewing the status of oil markets and reducing production, noting that the decision was collective and based on the vote of OPEC+.
2022, October, 18, 15:30:00
OIL PRICE: BRENT NEAR $92, WTI NEAR $86
Brent eased by 7 cents, or 0.08%, to $91.55 a barrel, WTI were down 12 cents, or 0.14%, at $85.34.
2022, October, 17, 12:45:00
OIL PRICE: BRENT NEAR $92, WTI BELOW $86
Brent rose 81 cents, or 0.88%, to $92.44 a barrel, WTI was at $86.33 a barrel.
2022, October, 13, 13:20:00
OIL PRICE: BRENT BELOW $93, WTI BELOW $88
Brent rose 49 cents, or 0.5%, to $92.94 a barrel , WTI was up 37 cents, or 0.4%, at $87.64 a barrel.
2022, October, 13, 12:55:00
GLOBAL OIL DEMAND +2.6 MBD
Global oil demand for 2022 is now expected to grow by about 2.6 mb/d.
2022, October, 12, 12:30:00
OIL PRICE: BRENT BELOW $95, WTI BELOW $90
Brent were down 2 cents, or 0.02%, to $94.27 a barrel, WTI was at $89.14 a barrel, down 21 cents, or 0.24%.
2022, October, 11, 17:45:00
OIL PRICE: BRENT ABOVE $94, WTI ABOVE $89
Brent was down $1.63, or 1.7%, to $94.56 a barrel, WTI dropped $1.82, or 2%, to $89.31.
2022, October, 11, 17:30:00
OPEC+ STABILIZE MARKETS
The OPEC+ alliance, co-chaired by Russia and Saudi Arabia, last week agreed to cut its production by 2 million barrels a day, the biggest reduction since 2020.