Oil Price Has Risen Sharply after Novak’s Words About the Reduction in Production in Russia
Commodity prices resumed growth after Deputy Prime Minister Alexander Novak said that Russia plans to cut oil production by 500 thousand barrels per day in March The cost of April futures for Brent crude on the London ICE Futures exchange rose by 2.78% and rose to $86.85 per barrel, according …
OPEC Daily Basket Price Stood at $98.22 a Barrel Thursday, 18 August 2022
The price of OPEC basket of thirteen crudes stood at $98.22 a barrel on Thursday, compared with $95.73 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), …
OPEC Daily Basket Price Stood at $100.04 a Barrel Monday, 15 August 2022
The price of OPEC basket of thirteen crudes stood at $100.04 a barrel on Monday, compared with $103.83 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), …
OPEC Daily Basket Price Stood at $100.78 a Barrel Monday, 8 August 2022
The price of OPEC basket of thirteen crudes stood at $100.78 a barrel on Monday, compared with $100.01 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), …
OPEC Daily Basket Price Stood at $110.27 a Barrel Tuesday, 19 July 2022, Compared With $108.76 the Previous Day
Vienna, Austria, 20 July 2022–The price of OPEC basket of thirteen crudes stood at $110.27 a barrel on Tuesday, compared with $108.76 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …
OPEC Daily Basket Price Stood at $114.96 a Barrel Tuesday, 24 May 2022, Compared with $115.95 the Previous Day
The price of OPEC basket of thirteen crudes stood at $114.96 a barrel on Tuesday, compared with $115.95 the previous day, according to OPEC Secretariat calculations Source
OPEC daily basket price stood at $114.79 a barrel Friday, 20 May 2022, compared with $112.04 the previous day
The price of OPEC basket of thirteen crudes stood at $114.79 a barrel on Friday, compared with $112.04 the previous day, according to OPEC Secretariat calculations Source
Rystad Energy: Oil Prices Soaring on Ukraine Conflict, Likely to Hit Near $130 by June
War has come to the heartland of Europe, and if the Ukraine conflict draws in the might of the Russian army and other interested and well-equipped forces, unconstrained upside risk to regional geopolitics and oil prices are highly likely in the near term. In the longer term, however, the demand …
OPEC Daily Basket Price: Monday, 29 April 2019, Stood at $71.07 a Barrel
Vienna, Austria, 30 April 2019–The price of OPEC basket of fourteen crudes stood at $71.07 a barrel on Monday, compared with $72.38 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
OPEC Daily Basket Price: Friday, 26 April 2019, Stood at $72.38 a Barrel
Vienna, Austria, 29 April 2019–The price of OPEC basket of fourteen crudes stood at $72.38 a barrel on Friday, compared with $74.04 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …