The price ofBrent quality oil, a reference for Europe, reached the verge of 140 dollars, close to the historical maximums registered in 2008, after soaring almost 20 % at the beginning of the session due to fears that the United States may impose restrictions on the sale of Russian crude.
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Oil Barrel
Goldman Sachs forecasts rise in global oil demand
Goldman Sachs estimates that oil demand will continue to rise in 2022, reaching a record level, largely thanks to fuel requirements for the transportation and aviation sectors, if the gradual reopening of the borders is taken into account.…
Barrel Brent passes the $ 85 mark
The price of Brent oil, the benchmark for Europe, surpassed the threshold of $ 85 per barrel on Friday for the first time since 2018, fueling pressures on energy prices and inflation.
However, after the opening of the markets of the Old…
Oil prices fall due to OPEC+ uncertainty
Oil price registered a depreciation at the close of the day on July 15 due to the possibility that the OPEC+ alliance agreed to an increase in supply and after knowing an increase in gasoline reserves in the United States, which causes…
PDVSA showed a slight increase in its production
The oil economist, Rafael Quiroz Serrano, indicated that Venezuela produced 531,000 B / D in May, according to secondary sources related to the Organization of Petroleum Exporting Countries (OPEC), which represents an increase compared to…
Oil prices rebound as OPEC discusses production cuts
Oil price continues to climb to maximum levels since the beginning of January 2020, after the Organization of the Petroleum Exporting Countries (OPEC) and its allies, the group known as OPEC +.
In this way, the price of a barrel of Brent…
Oil price strengthens after unilateral cut in Saudi production
At the end of trading on the New York Mercantile Exchange (Nymex), WTI futures contracts for February delivery totaled 70 cents from the previous day.
Benchmark crude in the US added another solid rise after Tuesday's sharp rise, rising $…
Oil reaches its highest price since September
The price of a barrel of Brent quality oil, a benchmark for the Old Continent, reached $ 67.52 on Thursday, compared to $ 67.20 at the close of yesterday, representing its highest level since last September 17 in the expectation that the…
Petrobras will reduce investment by 10% for the next four years
The Brazilian oil company Petrobras, announced that its investment for the next 4 years will be estimated at 75.7 billion dollars, 10% less than the 84.1 billion dollars initially planned for the period 2020-2024.
According to the…