Eurasia Journal News

OPEC Daily Basket Price: Tuesday, 18 January 2022, Stood at $88.08 a Barrel

Vienna, Austria, 19 January 2022 – The price of OPEC basket of thirteen crudes stood at $88.08 a barrel on Tuesday, compared with $86.54 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), …

READ MORE →
Russia Oil Gas Magazine

Rystad Energy: Oil Prices Surge on Middle East Tensions and Dwindling Supply

Global oil price benchmarks are surging to highs not seen in almost eight years, triggered by a low supply outlook complicated by tensions in the Middle East. The oil supply outlook for January and February looks very tight, but central bank decisions further down the line may not have the …

READ MORE →
Eurasia Journal News

OPEC Monthly Oil Market Report, January 2022

Crude Oil Price Movements Both crude oil spot and futures prices fell for the second-consecutive month in December. Major physical crude benchmarks decreased about 9%, m-o-m, on growing concerns that the rapid spread of the Omicron COVID-19 variant may have an impact on the global economy and oil demand. The …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Thursday, 13 January 2022 Stood at $84.72 a Barrel

Vienna, Austria, 14 January 2022 — The price of OPEC basket of thirteen crudes stood at $84.72 a barrel on Thursday, compared with $84.35 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), …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Friday, 14 January 2022, Stood at $85.46 a Barrel

Vienna, Austria, 17 January 2022 – The price of OPEC basket of thirteen crudes stood at $85.46 a barrel on Friday, compared with $84.72 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), …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Wednesday, 12 January 2022, Stood at $84.35 a Barrel

Vienna, Austria, 13 January 2022 – The price of OPEC basket of thirteen crudes stood at $84.35 a barrel on Wednesday, compared with $82.13 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), …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Monday, 10 January 2022, Stood at $81.75 a Barrel

Vienna, Austria, 11 January 2022 – The price of OPEC basket of thirteen crudes stood at $81.75 a barrel on Monday, compared with $82.16 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), …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Friday, 7 January 2022, Stood at $82.14 a Barrel

Vienna, Austria, 10 January 2022 – The price of OPEC basket of thirteen crudes stood at $82.14 a barrel on Friday, compared with $80.80 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), …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Friday, 31 December 2021, Stood at $77.97 a Barrel

Vienna, Austria, 3 January 2022 – The price of OPEC basket of thirteen crudes stood at $77.97 a barrel on Friday, compared with $78.33 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), …

READ MORE →
Eurasia Journal News

OPEC Daily Basket Price: Thursday, 16 December 2021, Stood at $74.66 a Barrel

Vienna, Austria, 17 December 2021 – The price of OPEC basket of thirteen crudes stood at $74.66 a barrel on Thursday, compared with $73.12 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), …

READ MORE →