All publications by tag «OPEC»

2025, February, 7, 07:00:00
OIL PRICE: BRENT ABOVE $74, WTI ABOVE $70
Brent rose 32 cents to $74.61 a barrel, WTI was up 24 cents at $70.85 a barrel.

2025, February, 7, 06:50:00
OPEC + RUSSIA: HIGH CONFORMITY
The JMMC reviewed the crude oil production data for the months of November and December 2024 and noted the high overall conformity for OPEC and non-OPEC countries participating in the Declaration of Cooperation (DoC). The improved conformity further reaffirms the DoC countries’ shared objectives of unity and cohesion.

2025, January, 29, 07:00:00
OIL PRICE: BRENT ABOVE $77, WTI ABOVE $73
Brent fell 2 cents to $77.47 a barrel WTI were at $73.81 a barrel, up 4 cents, or 0.1%.

2025, January, 24, 07:05:00
OIL PRICE: BRENT ABOVE $78, WTI ABOVE $74
Brent were down 9 cents at $78.20 a barrel, WTI dipped 9 cents to $74.53.

2025, January, 17, 08:00:00
OIL PRICE: BRENT NEAR $82, WTI ABOVE $79
Brent rose 44 cents, or 0.5%, to $81.73 per barrel, WTI were up 62 cents, or 0.8%, to $79.3 a barrel.

2024, December, 17, 07:00:00
OIL PRICE: BRENT NEAR $74, WTI ABOVE $70
Brent fell 6 cents to $73.85 a barrel, WTI was down 11 cents at $70.60 a barrel.

2024, December, 17, 06:15:00
GLOBAL MARKETS(2025) : CARTE BLANCHE
Our forecast Henry Hub natural gas spot price:
Nov. 2024 average: ~$2.10/MMBtu
Rest of winter average: ~$3.00/MMBtu

2024, December, 13, 07:05:00
OIL PRICE: BRENT ABOVE $73, WTI ABOVE $70
Brent edged up 7 cents to $73.48 a barrel, WTI was at $70.11 a barrel, up 9 cents.

2024, December, 13, 06:55:00
OPEC+ RUSSIA: ADJUSTMENTS 2.2 MBD
The meeting was conducted to reinforce the precautionary efforts of OPEC+ countries, aiming to support the stability and balance of oil markets. The aforementioned countries decided, in addition to the latest decisions from the 38th ONOMM, to extend the additional voluntary adjustments of 1.65 million barrels per day that were announced in April 2023, until the end of December 2026.

2024, December, 6, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI ABOVE $68
Brent fell 6 cents, or 0.1%, to $72.03 per barrel, WTI lost 1 cent to $68.29 per barrel.