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Brent grows to $ 62.5

    Brent grows to $ 62.5

On Tuesday, crude oils are gradually growing during the Asian session. At the moment, each trader is closely following the situation in relation to the balance of supply and demand

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Venezuela: inflation exceeded 900% before May

    Venezuela: inflation exceeded 900% before May

Angel Alvarado (Venezuela parliamentarian) has reported that since the beginning of the year inflation in the country has exceeded 900%. In May, it was equal to 31%. The accumulated figure

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Brent shows a little growth to 67.6 US dollars

    Brent shows a little growth to 67.6 US dollars

Oil doesn’t show much activity after the growth on Monday, which was caused by the results of the OPEC Monitoring Committee + meeting. Brent futures due at May cost $

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OPEC presents a report on production in February

    OPEC presents a report on production in February

OPEC has reported on a decline in production for February. The cartel has managed to reduce production by 221,000 barrels per day compared with the previous month. In February, the

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Oil production fell because of the problems with energy supply in Venezuela

  Oil production fell because of the problems with energy supply in Venezuela

According to the Bloomberg agency, there has been a strong decline in oil production due to power outages in Venezuela.

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Energy Market News

  Energy Market News

During the last session, the price of Brent crude oil fell below $ 50 per barrel. It was the summer

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OPEC+ cuts oil production by 1.2 million barrels

  OPEC+ cuts oil production by 1.2 million barrels

OPEC members and other states have agreed to cut oil production. The volume specified in the contract is 1.2 million

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US oil reserves are shrinking, oil is getting more expensive

  US oil reserves are shrinking, oil is getting more expensive

Yesterday’s rumors that the US officials asked the OPEC members to increase oil production by 1 million barrels per day

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Russia and OPEC will discuss the increase in oil production by 1 million barrels per day

  Russia and OPEC will discuss the increase in oil production by 1 million barrels per day

Oil prices continue to go down. The fall of its cost was triggered by the OPEC official statement that in

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Third time US oil prices have fallen in two weeks

  Third time US oil prices have fallen in two weeks

For the third consecutive time in the past two weeks, the market has seen a drop in oil prices. The

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