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Category archives for Crude Oil

Oil prices continue to fall by more than 7% with the release of the OPEC report

  • 15 March, 2022
  • 5:49 pm EET

Oil prices fell more than 7% in trading today, Tuesday, to record Brent crude, the level of $ 99 a barrel, with the release of the monthly OPEC report. OPEC kept estimates of global oil demand and supply growth unchanged…

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The EIA predicts that US natural gas production will continue to rise until 2050.

  • 10 March, 2022
  • 2:49 pm EET

The EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports,…

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Oil prices rise more than 4%, and Brent crude exceeds $129

  • 08 March, 2022
  • 4:04 pm EET

Oil prices raised their gains by more than 4% in Tuesday's trading, with Brent crude rising above $129, amid fears of official sanctions on Russian oil and fuel exports, raising concerns about the availability of supplies. On Monday, oil prices…

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Oil prices trim gains to 4% with the release of the US inventory report Brent crude is under $110

  • 02 March, 2022
  • 6:38 pm EET

Oil prices reduced their gains to 4% during trading today, Wednesday, with Brent crude trading below 110 dollars, with the release of the US inventories report and the decision of the OPEC + alliance. And oil prices jumped more than…

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Oil prices raise their gains to 5%, and Brent crude exceeds $ 104

  • 01 March, 2022
  • 2:46 pm EET

Oil prices extended their gains to more than 5% during trading on Tuesday, with Brent crude rising above $104, as fears of a possible supply disruption with the Russian invasion of Ukraine overshadowed talk of a coordinated global release of…

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