VIENNA, Oct. 1, 2022 (Xinhua) The “OPEC +” group is scheduled to hold a ministerial-level meeting in Vienna on Oct. 5, to discuss the future production strategy, according to a statement issued by the Organization of Petroleum Exporting Countries (OPEC) today (Saturday). This is the first ministerial meeting to be held in the personal presence … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" On Monday, the official Saudi Press Agency quoted Saudi Energy Minister Prince Abdulaziz bin Salman as telling Bloomberg that OPEC + has the means and flexibility to deal with challenges, including reducing production. and finished Brent crude oil contracts For the nearest maturity of the trading session, it rose $3.74, … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" Crude futures are stable Brent At 96.72 dollars a barrel, up at the settlement of only 13 cents. US West Texas Intermediate crude futures also rose 27 cents to settle at $90.77. Both contracts fell about 1.5 percent by the end of the week. Oil prices had jumped for a … Read more
The US Energy Information Administration report shows that oil production fell to 11.31 million barrels per day in February from 11.36 million barrels per day in the previous month. Energy Administration: US oil production fell in February to its lowest level since September A monthly report from the US Energy Information Administration said today, Friday, … Read more