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Category archives for OPEC

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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Oil prices turn lower, and US crude is below $75

  • 03 January, 2022
  • 6:58 pm EET

Oil prices turned lower today, Monday, in the first trading of the new year, after the session began on a rise, and Brent crude rose near $ 79 before falling back in volatile transactions. The rise came at the beginning…

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Oil prices turn down more than 1%.. Brent crude is below $79

  • 31 December, 2021
  • 7:05 pm EET

Oil prices turned down more than 1%, during trading today, Friday, with Brent crude falling below $ 79, but it is heading for its largest annual gain in 12 years, driven by the recovery of the global economy from the…

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Oil prices consolidate their gains by 3%, and Brent crude is above $ 78

  • 27 December, 2021
  • 6:55 pm EET

Oil prices extended their gains to about 3% during Monday's trading, with US crude rising above $75 a barrel, while monitoring the developments of the Omicron variable. Crude prices fell earlier in trading, after airlines canceled thousands of flights in…

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