opec

Vienna, Austria, 25 June 2020–The price of OPEC basket of thirteen crudes stood at $38.17 a barrel on Wednesday, compared with $39.85 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), …

Vienna, Austria, 24 June 2020–The price of OPEC basket of thirteen crudes stood at $39.85 a barrel on Tuesday, compared with $38.96 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), …

Vienna, Austria, 23 June 2020–The price of OPEC basket of thirteen crudes stood at $38.96 a barrel on Monday, compared with $39.45 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), …

The head of Russia’s sovereign wealth fund Kirill Dmitriev sees no point in extending strict global oil output cuts as world economies and oil demand recovers from the depths of the coronavirus crisis, he told the RBC Daily newspaper. The comments from Kirill Dmitriev, who is one of Moscow’s top …

Vienna, Austria, 22 June 2020–The price of OPEC basket of thirteen crudes stood at $39.45 a barrel on Friday, compared with $37.70 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), …

Vienna, Austria, 19 June 2020–The price of OPEC basket of thirteen crudes stood at $37.70 a barrel on Thursday, compared with $37.59 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), …

The 19th Joint Ministerial Monitoring Committee (JMMC) was held via videoconference, on Thursday, 18 June 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Committee reviewed the monthly report prepared by the Joint Technical Committee(JTC) and recent …

Vienna, Austria, 18 June 2020–The price of OPEC basket of thirteen crudes stood at $37.59 a barrel on Wednesday, compared with $36.75 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), …

Crude Oil Price Movements Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals improved significantly. The OPEC Reference Basket (ORB) value rose by $7.51, or 42.5%, m-o-m, to stand at $25.17/b. Crude oil futures prices also bounced back in May, amid …

Vienna, Austria, 17 June 2020–The price of OPEC basket of thirteen crudes stood at $36.75 a barrel on Tuesday, compared with $35.09 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), …