Brent oil futures with delivery in December moved up above $80 per barrel on the London-based ICE yesterday for the first time since August 29, according to market data. Brent futures had gained 2.75% to $80.2 a barrel but rolled back …
In a few months, OPEC+ will begin to increase oil production
The price of oil reached a record low this week. The price per barrel of Brent fell below $70.
Stock markets tumbled on Monday, with Japanese shares at one point exceeding their 1987 "Black Monday" loss, as fears of a U.S. recession sent investors fleeing from risk while wagering that rate cuts would be needed to rescue …
Brent oil futures with delivery in August climbed above $87 per barrel at the London-based ICE for the first time since April 30, 2023, according to trading data. Brent prices edged up by 0.46% to $87.04 a barrel. WTI futures …
Oil prices eased on Tuesday, extending losses from a four-month low in the previous session, according to trading data. Brent crude futures …
Global oil production in April 2024 decreased by 200,000 barrels per day (bpd) to 102 mln bpd, according to the International Energy Agency (IEA). It …
Saudi Arabia raised the price of its crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global …
The United States resumed importing Russian oil last October for the first time since March 2022. The interruption in the supply of energy resources was one and a half years. The U.S. resumed imports of Russian oil in …
Oil prices steadied, giving up most of its earlier gains, as Middle East supply concerns arising from the Israel-Hamas conflict and the shutdown of …
The price of Azeri Light Azerbaijani oil on the world market increased by $2.75 or 3.4% to $83.45, Trend reported, citing the source from the country's oil and gas market. The Azeri Light crude oil price based on CIF in the Italian …
Russian Deputy Prime Minister Alexander Novak expects the Brent oil price at $80-$85 per barrel next year, broadly in line with current levels.. He told Rossiya-24 state TV that Russia expects that the export of oil and petroleum …
The price of futures contract for Brent crude oil with March delivery on London’s ICE exceeded $81 per barrel yesterday evening for the first time since December 1. Brent price grew by 2.35% to $81.05 per barrel. By …
The price of Brent crude oil futures contract with February delivery on London’s ICE rose above $80 per barrel for the first time since December 1. As of 11:39 Moscow time, the Brent …
OPEC+ members are considering new oil production cuts of as much as 1-2 million barrels a day, the Wall Street Journal reported. Saudi Arabia favors curb of up to 1 million barrels a day, while other membersm including Nigeria and …
Oil prices continue falling. Since yesterday, Brent and WTI oil mixtures have fallen in price by 5%.
Oil prices decreased in early trade on Tuesday following reports of China's falling export rates in October and the strengthening of the U.S. dollar. International benchmark crude Brent traded at $84.29 per barrel at 9.48 a.m. local …
The World Bank reported that oil prices could be pushed into “uncharted waters” if the conflict between Israel and Hamas widens, which could result in increased food prices worldwide. The World Bank’s …
Oil prices rose on October 24, recovering some of the previous day's losses, as investors remained nervous that the Israel-Hamas war could escalate into a wider conflict in the oil-exporting region, causing potential supply disruptions. …
The price of a December 2023 futures contract for Brent crude oil has risen above $90 per barrel on the London ICE exchange on Friday, for the first time since October 4, according to trading data. As of 07:533 p.m. Moscow time, the …
