Browsing Tag

oil

The Joint Ministerial Supervision Committee (JMMC) of OPEC+, a group formed by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, has determined to maintain the 'status quo' in oil production, as agreed last October. This OPEC+ technical committee lacks…
Read More...

OPEC: oil demand will grow until 2035

In its most recent report, OPEC forecasts a sustained increase in demand for crude oil until 2025, taking as a reference the requirements in the transport and technology sectors. The report of the Organization of Petroleum Exporting…

Barrel of oil stands at 91 dollars

The price of a barrel of Brent oil, a benchmark for Europe, exceeded the quota of 91 dollars before the opening of the markets of the Old Continent with an eye on the meeting to be held this week in Vienna by the representatives of the…

Maduro wants to export gas to Europe

Venezuelan President Nicolás Maduro reiterated his desire that Venezuela be able to export oil and gas to the markets of Europe and the United States in order to contribute to global energy and economic stability. "We have said it, we have…

Russia threatens to cut oil supply

The Russian government has threatened to cut off oil supplies to those countries that decide to put a cap on the price of Russian crude, an idea that the United States plans to bring to the G7 this Friday. "If they impose restrictions on…

Oil price goes back above 100 dollars

The price of a barrel of Brent crude, a benchmark for Europe, again exceeded the threshold of 100 dollars on Wednesday, after Saudi Arabia speculated on the possibility of an adjustment in the production of the Organization of Petroleum…