Brent Crude Oil
Brent Crude Oil

The market is closed (03 dec 21:25 UTC +2)
Current price
85.81
-1.18
-1.36
Opening
86.99
Daily range 2.00
85.44 — 87.31

News Brent Crude Oil

Energy Events for 12/02/22 - 12/05/22

The focus is on the OPEC+ meeting and the entry into force of bans related to the import of Russian oil.

Yesterday at 12:59 PM
US seeks to stop selling oil reserves to replenish depleted reserves

The U.S. Congress has ordered the sale of a part of the Strategic Petroleum Reserve to replenish its emergency reserve. The Biden administration opposed it.

Yesterday at 11:01 AM
Oil stabilizes due to stronger dollar

Oil prices declined during early Asian trade on Friday as the U.S. dollar cut its losses slightly. In turn, easing of COVID-19 restrictions in two Chinese cities compensated for the strengthening of the dollar.

Yesterday at 7:44 AM
Exports of Saudi oil fall due to supply cuts in the U.S. and China

In November, exports of crude oil from Saudi Arabia dropped significantly due to a critical decrease in supply to the U.S. and China. According to Bloomberg, the total volume of oil supplies fell to about 7.1 million barrels per day.

Yesterday at 7:11 AM
U.S. Treasury chief backs $60 price cap on Russian oil

On Thursday, the European Union (EU) proposed a cap on Russian oil prices of $60. U.S. Treasury Undersecretary Wally Adeyemo supported the proposal.

Yesterday at 6:35 AM
Forecasts Brent Crude Oil
Oil recovers after stock market sales
29 November 2022 86
Bloomberg: Oil stabilized and ready to rise
22 November 2022 141
MoneyWise: Oil prices will rise as there is low spare production capacity
17 November 2022 160

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