Continue the downward trend in oil prices
Brent crude oil final price today reached at 54.37$ and the US WTI index hit 50.24 $. Brent crude oil final price was $ 54.47 on Friday, and US WTI index price was $ 50.32, according to Reuters. There is a slight decline in oil prices in today’s agreement while traders assess Chinese oil demand […]
The price of Brent crude oil index reached 58.34 $ per barrel today at 8:09, and the US WTI index reached 52.60 $.
According to the Shana, Reuters reported that the price of Brent crude oil index reached 57.75 $ per barrel today on Tuesday, and the US WTI index reached 52.5 $. Oil prices rose about 1 percent on Wednesday, and the Brent crude index rose for the seventh consecutive day because reduction in new cases of […]
Hope for short life of corona virus boosts oil prices
The price of Brent crude oil index reached 58.34 $ per barrel today at 8:09, and the US WTI index reached 52.60 $. According to the Shana, Reuters reported that the price of Brent crude oil index reached 57.75 $ per barrel today on Tuesday, and the US WTI index reached 52.5 $. Oil prices […]
Continuing the downward trend in Indonesia’s oil and gas production
Continuing the downward trend in Indonesia’s oil and gas production Analysts predicted that Indonesia’s oil and gas production would decline for the fourth consecutive year in 2020. Decline in Indonesia’s oil and gas production comes as Jakarta seeks new legislation to cut administrative formalities and attract foreign investment for the industry, according to the Engineer […]
Hopes for lower OPEC production raise oil prices
Hopes for lower OPEC production raise oil pricesThe price of Brent crude oil reached 53.16$ on Tuesday at 07:40 and the price of the US WTI index reached 47.99$.Reuters news agency quoted Shana as saying, the price of Brent crude oil reached 51.90 $ yesterday and the price of the US WTI index reached 46.75$.Edward […]
Putin blamed Saudi Arabia and Corona for falling oil prices
The Russian president blamed Saudi Arabia’s withdrawal from the oil supply deal, as well as the impact of the Corona virus on global demand for the commodity in ordering of the recent fall in oil prices. According to Reuters in Moscow, Vladimir Putin met with Alexander Novak, the country’s energy minister, on Friday, announcing that […]
Falling oil prices following the delay in holding the OPEC Plus meeting
Falling oil prices following the delay in holding the OPEC Plus meeting The price of Brent crude index reached $ 32.82 at 5:33 a.m. today (Monday, 6th April) and the US WTI price index reached $ 25.28. According to Shana, quoted by Reuters from Singapore and New York, the final price of the Brent crude index […]
The US crude oil storage volume increased
The American Petroleum Institute (API) said the volume of the US strategic crude oil reserves increased last week. According to Reuters, data from the American Petroleum Institute (API) Industrial Group on Tuesday showed that the volume of the US crude oil storage volume increased last week while gasoline storage increased and petroleum products decreased. The […]
Hope for short life of corona virus boosts oil prices
The price of Brent crude oil index reached 58.34 $ per barrel today at 8:09, and the US WTI index reached 52.60 $. According to the Shana, Reuters reported that the price of Brent crude oil index reached 57.75 $ per barrel today on Tuesday, and the US WTI index reached 52.5 $. Oil prices […]
Continuing the downward trend in Indonesia’s oil and gas production
Continuing the downward trend in Indonesia’s oil and gas production Analysts predicted that Indonesia’s oil and gas production would decline for the fourth consecutive year in 2020. Decline in Indonesia’s oil and gas production comes as Jakarta seeks new legislation to cut administrative formalities and attract foreign investment for the industry, according to the Engineer […]