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 $ 2.31 to top $ 50 for the first time since February, but…
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Saudi Arabia
Russia and Saudi Arabia to use artificial intelligence to explore oil and gas
Russia's Deputy Prime Minister Alexander Novak, in charge of the negotiations in the OPEC + alliance, reported on the new initiative undertaken in conjunction with Saudi Arabia to use artificial intelligence in the oil and gas exploration…
Oil prices rise 30% after Donald Trump speech
After the US president, Donald Trump, expressed his confidence in the reduction of oil production, at least about 10 million barrels a day were reduced, the price of crude oil raised.
Immediately after making these statements, the barrel…
Trump announces talks with Putin on oil prices
The President of the United States, Donald Trump, affirmed that he will hold "very soon" a phone call with his Russian counterpart, Vladimir Putin, to set oil prices that this Monday touched a minimum of 18 years, amid the conflict that…
Oil registers its worst fall since 1991
During the night of Sunday, March 8, oil prices registered one of its worst falls since 1991.
Everything came after Saudi Arabia shocked the market with the start of a "price war" against its former ally, Russia.
This caused US oil to…
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…
Brazil was invited to be a member of the OPEC
Saudi Arabia formally invited Brazil to be part of the Organization of Petroleum Exporting Countries (OPEC).
This was announced on Wednesday by the Brazilian president, Jair Bolsonaro, who stressed that he had been pushing for months to…
HTC launches first phone capable of running full BTC nodes
One of Taiwan's most recognized manufacturers, HTC, launched its new acquisition to the mobile phone market, the smartphone Exodus 1s that allows users to run a full bitcoin node on the mobile, becoming an innovation in the market due to…
Trump announces sanctions against the Bank of Iran
The US president, Donald Trump, announced new sanctions against the Central Bank of Iran, amid the tension caused by the attack on two oil facilities in Saudi Arabia for which Washington holds Tehran responsible.
"These are the greatest…
Facebook deleted accounts associated with Saudi Arabia
According to the head of cybersecurity of the social network, Nathaniel Gleicher campaigns seemed to be separate efforts but both involved "coordinated inauthentic behavior" on Facebook and Instagram.
217 accounts, 144 pages and five…
OPEC estimates world economy will keep growing by 2020
The report on the crude oil market indicates that the growth in world daily oil demand is forecast at 1.14 million barrels for two years. The organization estimates a strong seasonal demand for the second half of this year, as evidenced by…
OPEC plans to lower oil production
Vladimir Putin, Russian president, and Saudi heir Mohamed Bin Salman announced during the G20 in Buenos Aires that they want to renew the agreement to limit oil production. However, the ministers of both countries must convince the rest of…