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oil

Oil demand will recover by 2023

Global oil demand will not recover the levels observed before the pandemic until 2023, according to projections by the International Energy Agency (IEA), who warned about the possibility that the oil market "never returns to normal" before the impact of new work and transportation habits, the…

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…

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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 $…

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