Prices
![Prices](/cache/07-20/price-570.6de1d8e9.jpg)
2020, July, 14, 13:05:00
OIL DEMAND IS BETTER
The key Joint Ministerial Monitoring Committee, co-chaired by Saudi Arabia and Russia, the two largest members of the coalition, will convene online July 15 and make a final recommendation.
![Prices](/cache/07-20/price-573.5d78d1f2.jpg)
2020, July, 14, 12:50:00
IRAQ PROMISES TO COMPLY
Iraq affirmed its commitment to the OPEC+ cuts in a call with Saudi energy minister Prince Abdulaziz bin Salman, the two ministers said in a joint statement.
![Prices](/cache/07-20/price-569.592c5ee2.jpg)
2020, July, 10, 11:45:00
OIL PRICE: NOT ABOVE $42
Brent was down by 73 cents, or 1.7%, at $41.62, WTI fell 83 cents, or 2.1%, at $38.79 a barrel
![Prices](/cache/07-20/usa-221.dcc9cb5e.jpg)
2020, July, 10, 11:40:00
U.S. OIL INVENTORIES UP BY 5.7 MB TO 539.2 MB
U.S. commercial crude oil increased by 5.7 million barrels from the previous week to 539.2 million barrels.
![Prices](/cache/07-20/usa-222.4b808717.jpg)
2020, July, 10, 11:35:00
U.S. SHALE: NO TARGET
The intervention of the United States, the G-20 and other leading producing countries was vital in securing April’s historic production deal to rebalance and stabilize oil markets reeling from the pandemic.
![Prices](/cache/07-20/price-567.ec0c8fc3.jpg)
![Prices](/cache/07-20/price-566.b9e6119a.jpg)
2020, July, 9, 15:55:00
OIL PRICE: NEAR $43 AGAIN
Brent up 5 cents, or 0.12%, to $43.34, WTI dipped 14 cents, or 0.3%, to $40.76,
![Prices](/cache/07-20/oil-32.956cb25f.jpg)
2020, July, 9, 15:50:00
GLOBAL OIL INVENTORIES WILL DOWN
Global oil inventories to generally draw through the end of 2021 as global oil demand continues to recover.
![Prices](/cache/07-20/price-564.3b5ea5fc.jpg)
2020, July, 9, 15:40:00
BRITAIN'S POUND UP
the pound was up on Thursday to $1.2655 against a broadly weaker dollar,
![Prices](/cache/07-20/price-563.7f7f8c26.jpg)
2020, July, 9, 15:35:00
GOLD PRICE UPDOWN
Spot gold was little changed at $1,809.19 per ounce, U.S. gold futures were 0.3% lower at $1,816.
![Prices](/cache/07-20/price-562.92df7837.jpg)
2020, July, 8, 12:00:00
OIL PRICE: NEAR $43 YET
Brent fell 11 cents, or 0.3%, to $42.97 a barrel, WTI dropped 11 cents, or 0.3%, to $40.51 a barrel,
![Prices](/cache/07-20/price-558.5b67358e.jpg)
2020, July, 8, 11:55:00
OIL PRICES 2020-21: $41-$50
EIA expects monthly Brent spot prices will average $41/b during the second half of 2020 and rise to an average of $50/b in 2021
![Prices](/cache/07-20/opec-142.70d81478.jpg)
2020, July, 8, 11:50:00
OPEC OIL PRODUCTION DOWN
OPEC's 13 members pumped 22.31 million b/d, the organization's lowest collective output since September 1990,
![Prices](/cache/07-20/price-560.3eff2c57.jpg)
2020, July, 7, 16:25:00
OIL PRICE: NOT ABOVE $43 AGAIN
Brent declined by 24 cents, or 0.56%, to $42.86, WTI fell 30 cents, or 0.74%, to $40.33 a barrel.