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Tag: OPEC

WTI trades below $110

WTI trades below $110 WTI trades below 0

Oil prices have been choppy and mixed on Thursday as traders juggle a multitude of themes. Talks between Russia and Ukraine did not go as smoothly as expected, and mixed comments from the United Arab Emirates have sparked speculation about OPEC+ production policy. Having retraced from an earlier rally towards $115, WTI is slightly lower […]

The UAE is in favor of increasing oil production

The UAE is in favor of increasing oil production The UAE is in favor of increasing oil production

The United Arab Emirates was in favor of increasing daily oil production on Wednesday. In fact, as it became known, the Emirates will try to persuade the other oil-producing countries of OPEC to agree to increase production. Oil had already fallen earlier in the day from a rally to peaks that had not been seen […]

All changes in unemployment benefits

All changes in unemployment benefits All changes in unemployment benefits

Of Dimitris Katsaganis The government is considering changes in unemployment benefits at two levels. According to his information Capital.gr In relation to the bill which is being intensively processed at this time (in order to pass before the end of spring) by the Ministry of Labor regarding the restructuring of OAED and the “status” of […]

WTI continues to rise, briefly touches 2014 highs at $112.50

WTI continues to rise, briefly touches 2014 highs at $112.50 WTI continues to rise, briefly touches 2014 highs at 2.50

Oil continued its historic rally on Wednesday, with WTI rising as high as $112.40 to eclipse 2014 highs. Traders are realizing that tough Western sanctions against Russia are disrupting global oil flows. Since then, prices have pulled back a bit to around $110, but are still up over $3.0 on the day. oil prices continued […]

OPEC +: The growth rate of production is unchanged despite the price rally

OPEC +: The growth rate of production is unchanged despite the price rally OPEC +: The growth rate of production is unchanged despite the price rally

OPEC + countries agreed on Wednesday to continue unchanged their plan to gradually increase production, rejecting calls from the United States and other major countries for more output to tackle the price rally that followed Russia’s invasion. in Ukraine. Oil topped $ 110 a barrel this week, climbing to an eight-year high. OPEC + boosts […]

WTI surges above $101 a barrel and looks at 2014 highs

WTI surges above $101 a barrel and looks at 2014 highs WTI surges above 1 a barrel and looks at 2014 highs

WTI has risen above $101 to hit its highest level in more than seven years, with analysts pointing to 2014 highs near $107.50. The rally is being driven by concerns about supply disruptions as Western sanctions against Russia begin to take effect. For now, this has outpaced talk of coordinated releases of oil reserves. oil […]

OPEC: The electronic platform A21 for the child allowance was opened

OPEC: The electronic platform A21 for the child allowance was opened OPEC: The electronic platform A21 for the child allowance was opened

The A21 electronic platform has opened and is operational, which will remain open until March 11, according to an announcement by the Organization for Welfare Benefits and Social Solidarity (OPEC). Beneficiaries of the child allowance can submit their application on the platform of IDIKA (www.idika.gr) or through the website www.opeka.gr, using the personal passwords of […]

WTI well supported at $95.50, off highs

WTI well supported at $95.50, off highs WTI well supported at .50, off highs

WTI remains well supported at $95.50 as markets worry about possible disruption to global energy flows. Western nations imposed tougher sanctions on Russia over the weekend, raising concerns about possible retaliation. OPEC+ meets on Wednesday and is expected to maintain its current policy of increasing production by 400,000 BPD/month. Although oil prices have retreated from […]

WTI Targets $100, Ukraine-Russia Crisis Rekindles Supply Concerns

WTI Targets $100, Ukraine-Russia Crisis Rekindles Supply Concerns WTI Targets 0, Ukraine-Russia Crisis Rekindles Supply Concerns

WTI looks to reclaim the $100 level as fears intensify as Putin orders Zelenskyy’s execution. Oil prices are supported by Russia’s exclusion from the SWIF international banking system. The DXY dollar index moves higher amid a new wave of market uncertainty. The West Texas Intermediate (WTI)NYMEX futures, is targeting the $100 level As the war […]