Home Tags OPEC

Tag: OPEC

Oil Tanker

Oil prices ease on rising supplies

(dpa-AFX) - Oil prices fell slightly on Friday as investors weighed rising supplies from major producers and the impact of Covid-19 lockdowns on fuel...
Nigeria Flag

Nigeria’s move to develop huge gas deposit “step in right direction”

0
Nigeria's move to develop its huge gas deposit was a step in the right direction, said Mohammed Barkindo, secretary-general of the Organization of the...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC daily basket price stands at US$44.24 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 44.24 U.S. dollars a barrel on Wednesday, compared with 44.29 dollars...
OPEC

OPEC daily basket price increases to US$44.29 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 44.29 U.S. dollars a barrel on Tuesday, compared with 43.03 dollars...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC daily basket price stands at US$43.03 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 43.03 U.S. dollars a barrel on Monday, compared with 43.22 dollars...
OPEC

OPEC daily basket price stands at US$43.22 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 43.22 U.S. dollars a barrel on Friday, compared with 43.80 dollars...

OPEC+ moves to 2nd phase of oil cuts by easing output restrictions

0
The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided in a meeting on Wednesday to move to the second phase of...
OPEC

OPEC daily basket price stands at US$43.44 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 43.44 U.S. dollars a barrel on Wednesday, compared with 43.15 dollars...
OPEC

OPEC daily basket price stands at US$35.09 per barrel

0
The Organization of the Petroleum Exporting Countries' (OPEC) daily basket price stood at 35.09 U.S. dollars a barrel on Monday, compared with 35.06 dollars...
OPEC

Oil prices climb ahead of OPEC+ meeting

0
Oil prices gained on Tuesday as market participants bet on extending output cuts by major oil producers. The West Texas Intermediate for...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC daily basket price stands at US$28.45 per barrel

0
The Organization of the Petroleum Exporting Countries' (OPEC) daily basket price stood at 28.45 U.S. dollars a barrel on Thursday, compared with 29.03 dollars...
OPEC

OPEC daily basket price stands at US$22.83 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 22.83 U.S. dollars a barrel on Tuesday, compared with 22.71 dollars...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC daily basket price stands at US$22.71 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 22.71 U.S. dollars a barrel on Monday, compared with 22.21 dollars...
OPEC

OPEC daily oil price increases to US$18.36 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 18.36 U.S. dollars a barrel on Monday, compared with 16.52 dollars...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

OPEC daily basket price increases to US$15.23 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 15.23 U.S. dollars a barrel on Thursday, compared with 12.22 dollars...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

OPEC daily basket price drops to US$12.22 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price dropped to 12.22 U.S. dollars a barrel on Wednesday, compared with 14.63 dollars...
OPEC

OPEC daily basket price stands at US$14.63 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 14.63 U.S. dollars a barrel on Tuesday, compared with 14.19 dollars...
Photo taken on April 9, 2020 shows pump nozzles at a gas station in Brussels, Belgium. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Xinhua/Zhang Cheng)

Brent crude falls below US$26 per barrel

0
Brent crude plummeted below 26 U.S. dollars a barrel at one point Monday night as global oil price continues to slump amid the coronavirus...
OPEC

OPEC daily basket price plunges to US$17.51 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price dropped to 17.51 U.S. dollars a barrel on Wednesday, compared with 19.70 dollars...
OPEC

OPEC daily basket price drops to US$19.70 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price dropped to 19.70 U.S. dollars a barrel on Tuesday, compared with 21.18 dollars...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

OPEC daily basket price stands at US$21.18 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 21.18 U.S. dollars a barrel on Monday, compared with 21.77 dollars...
oil

Putin, Trump, King Salman agree to coordinate on stabilizing oil markets – Kremlin

0
Russia, the United States and Saudi Arabia have agreed to coordinate on stabilizing oil markets and minimize the impact of oil price volatility on...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

OPEC+ to cut production by 10 million b/p, pending consent of Mexico

0
The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to...
OPEC

South Sudan to join OPEC-led efforts in stabilizing oil market

0
South Sudan has committed to join measures by the Organization of the Petroleum Exporting Countries (OPEC) to prevent volatility and restore stability in the...
OPEC

OPEC daily basket price stands at US$26.94 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 26.94 U.S. dollars a barrel on Wednesday, compared with 26.53 dollars...
OPEC

OPEC daily basket price increases

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 52.65 U.S. dollars a barrel on Tuesday, compared with 51.65 dollars...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

Weekly oil prices slump amid growing concerns over demand destruction

0
Oil prices plunged for the week ending Feb. 28 with the prices of West Texas Intermediate (WTI) for April delivery down 16.15 percent and...
OPEC

OPEC daily basket price decreases

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price decreased to 55.88 U.S. dollars a barrel on Tuesday, compared with 56.11 dollars...
OPEC

OPEC daily basket price increases

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 58.35 U.S. dollars a barrel on Wednesday, compared with 56.68 dollars...
crude oil

EIA expects OPEC to further cut crude oil production in 2020

0
The U.S. Energy Information Administration (EIA) on Tuesday forecast that the Organization of the Petroleum Exporting Countries (OPEC) will reduce crude oil production in...