OPEC

For the biggest annual gains of the last 12 years, oil prices are heading for an impressive rally for 2021 fueled by the recovery of the world economy after the 2020 recession due to the coronavirus pandemic. In…
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WTI rallied above $ 77.00 on Thursday as oil continues to trade with a positive bias. OPEC + is likely to stick to existing policy at the next meeting, which means another 400,000 BPD hike is likely from February. Oil…
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According to an announcement by OPEC, on December 31, the following allowances will be paid: Housing Allowance: 274,924 beneficiaries - 33,223,563 euros Minimum Guaranteed Income: 243,005 beneficiaries…
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OPEC announces that on December 31, 2021, the last working day of the month, as usual, the following benefits will be paid: Housing Allowance: Beneficiaries, 274,924 - 33,223,563 euros. Minimum…
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Commercial crude inventories in the United States fell 0.910 million barrels in the week ended November 26, a weekly report published by the United States Energy Information Administration (EIA). This was less than the…
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According to a document cited by Reuters, OPEC + it expects global oil supply surpluses to widen to 2 million barrels per day (BPD) in January, to 3.4 million barrels per day in February and then to 3.8 million barrels…
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WTI continues to push higher and is now trading around $ 72.00, and has almost reversed 50% of Friday's decline. Analysts saw last Friday's fear of the Omicron variant prompted an overblown sell-off. Oil prices…
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On Tuesday, November 30, 2021, the Welfare Benefits and Social Solidarity Organization (OPEC) will pay the benefits. Specifically, OPEC will pay the following benefits: - Child allowance: Beneficiaries…
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The United States is trying to persuade Russia to increase oil production in a bid to cut world prices, the Interfax news agency reported on Thursday, citing the Russian Foreign Ministry. The White House…
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Oil fell sharply on Wednesday, with investors on hold after the rise of US crude stocks, as they wait for the "response" of OPEC + to the coordinated release of strategic stocks from various countries. The U.S.…
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