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Category archives for Crude Oil

Oil prices continue to rise .. and US crude is above $ 81 After the IEA report

  • 16 November, 2021
  • 5:09 pm EET

Oil prices continued their gains, during trading on Tuesday, with US crude trading above $81, after the report of the International Energy Agency, which maintained its forecast for global demand for crude unchanged. The rise in crude prices, supported by…

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OPEC oil production rises by 217,000 barrels per day in October Supplies continue to rise for the eighth month in a row

  • 11 November, 2021
  • 5:22 pm EET

OPEC oil production rose by about 217,000 barrels per day during the past month, and most of the increase came from Saudi Arabia, Venezuela, the United Arab Emirates and Kuwait, according to the quotas agreed upon within the OPEC +…

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Oil prices turn higher with the release of the OPEC report Brent crude is above $83

  • 11 November, 2021
  • 5:09 pm EET

Oil prices turned higher, during trading today, Thursday, with Brent crude exceeding the level of $ 83, with the release of the monthly OPEC report. Crude prices fell earlier in trading, on fears that accelerating inflation in the United States…

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Oil prices rise by more than 2%, and Brent crude is near $ 83

  • 04 November, 2021
  • 4:59 pm EET

Oil prices extended their gains to more than 2%, during trading today, Thursday, with the expectation of the OPEC + alliance’s decision on production policy. Investors expect the major producers in the OPEC + alliance to stick to the policy…

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Oil prices fall 3% with the release of the US inventory report

  • 03 November, 2021
  • 5:35 pm EET

Oil prices deepened their decline by about 3%, during trading today, Wednesday, as US crude fell below $ 82, after the release of data on crude stocks in the United States. This comes with mounting pressure on OPEC + to…

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