2022-03-28 12:00:00
OPEC OIL PRICE: $118.72
OPEC- Vienna, Austria, 25 March 2022 -- The price of OPEC basket of thirteen crudes stood at $118.72 a barrel on Thursday, compared with $116.79 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
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Earlier:
2022, March, 25, 11:30:00
OIL PRICE: BRENT BELOW $118, WTI BELOW $111
Brent fell 46 cents, or 0.4%, to $118.57 a barrel, WTI ell 47 cents, or 0.4%, to $111.87 a barrel.
2022, March, 25, 11:25:00
OPEC WARNS EUROPE
OPEC has told the EU that global energy markets would be destabilized if European countries follow through with a threat to ban imports of Russian oil,
2022, March, 25, 11:20:00
OPEC+ IS IMPORTANT
In a circular carried by state-run Saudi Press Agency, the cabinet stressed "the importance of the essential role of the OPEC+ agreement in the balance and stability of oil markets."
2022, March, 24, 13:50:00
OPEC OIL PRICE: $116.94
The price of OPEC basket of thirteen crudes stood at $116.94 a barrel on Wednesday,
2022, March, 21, 12:20:00
OPEC OIL PRICE: $104.96
The price of OPEC basket of thirteen crudes stood at $104.96 a barrel on Thursday, compared with $104.06 the previous day, according to OPEC Secretariat calculations
2022, March, 16, 12:15:00
GLOBAL OIL DEMAND 2022: +4.2 MBD
The 2022 forecast for global oil demand growth remains under assessment at 4.2 mb/d, with OECD forecast at 1.9 mb/d and non-OECD at 2.3 mb/d.
2022, March, 15, 15:20:00
RUSSIA IS A KEY
In 2021, Russia was the largest natural gas-exporting country in the world, the second-largest crude oil and condensates-exporting country after Saudi Arabia, and the third-largest coal-exporting country behind Indonesia and Australia.
