2022-05-13 11:45:00
OPEC OIL PRICE: $109.02
OPEC - Vienna, Austria, 12 May 2022--The price of OPEC basket of thirteen crudes stood at $109.02 a barrel on Wednesday, compared with $108.18 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, May, 12, 14:15:00
OIL PRICE: BRENT ABOVE $105, WTI ABOVE $103
Brent down $2.26, or 2.1%, to $105.25 a barrel, WTI fell $2.45, or 2.3%, to $103.26 a barrel.
2022, May, 11, 11:25:00
OPEC OIL PRICE: $108.18
The price of OPEC basket of thirteen crudes stood at $108.18 a barrel on Tuesday,
2022, May, 6, 11:30:00
OIL PRICE: BRENT BELOW $112, WTI BELOW $109
Brent rose 88 cents, or 0.8%, to $111.78 a barrel, WTI climbed 84 cents, or 0.8%, to $109.10 a barrel.
2022, May, 6, 11:20:00
OPEC+ RUSSIA + 0.432 MBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.432 mb/d for the month of June 2022, as per the attached schedule.
2022, May, 5, 14:50:00
OPEC OIL PRICE: $110.83
The price of OPEC basket of thirteen crudes stood at $110.83 a barrel on Wednesday,
2022, May, 4, 12:30:00
OIL PRICE: BRENT NEAR $108, WTI NEAR $106
Brent rose $2.94, or 2.8%, to $107.91 a barrel, WTI rose $3.02, or 3%, to $105.43 a barrel.
2022, May, 4, 12:20:00
RUSSIAN OIL FOR INDIA
Urals has been trading at record-lows in recent weeks, with some deals being done at discount of almost $40/b to the Platts Dated Brent crude oil benchmark.