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Category archives for OPEC

Oil prices are turning up, and Brent crude is near $91

  • 27 January, 2022
  • 3:06 pm EET

Oil prices are turning up, and Brent crude is near $91 Oil prices turned up about 1% during trading on Thursday, with Brent crude rising near $91 a barrel, with geopolitical concerns continuing to support prices. Oil prices were lower…

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Oil prices rise 2% .. and US crude is near $ 80

  • 11 January, 2022
  • 5:17 pm EET

Oil prices raised their gains by about 2% in trading today, Tuesday, with US crude rising near $ 80, as investors regained some of their appetite for risk, in conjunction with the continued struggle by some oil producers to increase…

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Oil prices turn lower, and Brent crude is less than $ 82

  • 07 January, 2022
  • 5:14 pm EET

Oil prices turned lower during trading on Friday, with Brent crude falling below $ 82, but it is still on track to achieve weekly gains, driven by supply concerns amid escalating unrest in Kazakhstan and outages in Libya. Investor sentiment…

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World Energy Outlook in 2022… An expected increase in oil and gas exploration

  • 06 January, 2022
  • 7:22 pm EET

The Royal Bank of Canada has released a report on the World Energy Outlook in 2022, which reports analysts' forecasts for the world's oil, gas, electricity and minerals. The report, which was issued in mid-December, included an optimistic view of…

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Oil prices extend gains to 1% ahead of US inventory data Brent crude is near $81

  • 05 January, 2022
  • 5:51 pm EET

Oil prices extended their gains to about 1% during trading today, Wednesday, with Brent crude rising near $ 81, ahead of the release of official data on US crude stocks. Crude's gains come, supported by the decisions of the OPEC…

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