Tag: OPEC
Oil cheaper, OPEC+ agrees to increase production
OPEC+ energy ministers agreed on Sunday to increase oil production. From August, production would increase by 400,000 barrels per day each month. Until the end of this year.
Oil hit two-year highs. OPEC+ considers increasing production
The price of Brent crude oil has been above $75 a barrel. It is the most expensive since April 2019. Black gold is becoming more expensive...
Oil rose to a two-year high. Prices drive up market optimism
A barrel of brent oil sold for nearly $ 73 on Thursday. This is the most since May 2019. North American WTI oil is even the...
Oil got above $ 71 a barrel. It is the most...
The price of Brent crude oil briefly exceeded $ 71 per barrel during Tuesday's trading. He can blame the improved demand outlook for the rest...
US-China service sector has come to life, oil has healed because...
The price of brent crude oil rose about one percent on Tuesday, moving closer to the $63 per barrel mark.
Suez Canal is free, oil responds with downturn
A huge boulder from the heart fell to all who watched several days' drama set in the Suez Canal. The 400-metre-long container ship, which had been blocking the canal for several days, sailed again and a key artery of sea traffic managed to dislodge.
OPEC+ will not increase production, says UAE Energy Minister
The price of oil fell six percent on Tuesday. This, too, seems to be why the OPEC+ countries will now not seek to increase production. The Energy Minister of the United Arab Emirates also hinted at this.
The price of oil has fallen sharply. Concerns about the onset...
Oil becomes cheaper for five days in a row. Until Thursday, however, it was only a gradual decline in the price of a barrel of...
The OPEC cartel is under pressure because of the healthier oil....
A barrel of Brent oil has been trading at more than sixty dollars for nearly two weeks. In recent hours, the price has even drawn...
OPEC+ group agrees to light increase in oil production from January
Representatives of the Member States of the Organization of Petroleum Exporting Countries and Russia agreed to increase oil production by 500,000 barrels per day...
