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Category archives for oott

OPEC + reveals its forecast for oil surplus in the first quarter of 2022

  • 01 December, 2021
  • 5:51 pm EET

Oil markets are awaiting the meetings of the Organization of Petroleum Exporting Countries “OPEC” and its allies in what is known as the OPEC + alliance, following the withdrawals from the strategic reserves led by the United States, as well…

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Oil prices rise more than 4% .. and Brent crude is above $ 72 In anticipation of the OPEC meetings

  • 01 December, 2021
  • 5:33 pm EET

Oil prices rose more than 4% in trading today, Wednesday, to compensate for some sharp losses from the previous session. The price hike comes as investors await the OPEC+ meeting to discuss how to respond to the threat of lower…

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Oil prices deepen their losses to 4%, and Brent crude is less than $71 With growing fears of Omicron

  • 30 November, 2021
  • 5:56 pm EET

Oil prices deepened their decline by more than 4%, during trading today, Tuesday, with Brent crude falling below $ 71, with doubts about the effectiveness of Corona vaccines against the Omicron mutant. The decline came after the president of Moderna…

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While awaiting the position of OPEC +, Russia refuses to take urgent measures in the oil market

  • 29 November, 2021
  • 5:54 pm EET

At a time when oil markets are awaiting the position of the OPEC + alliance, after a number of countries led by the United States withdrew from the strategic oil reserves, and the emergence of the Omicron mutator, Russia confirmed…

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Oil prices consolidate their gains to 6.5%.. Brent crude is above $ 76

  • 29 November, 2021
  • 5:35 pm EET

Oil prices extended their gains to more than 6.5%, during trading today, Monday, to exceed Brent crude, the level of 76 dollars a barrel, to compensate for some sharp losses in the previous session. The increase in oil prices came…

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