Tag: rises
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OPEC+ oil production rises by 140,000 barrels per day in December (survey)
The production of the OPEC + coalition of crude oil increased by 140 thousand barrels per day in December of the past year (2022), to record 42.71 million barrels per day, with increased production from Saudi Arabia and Nigeria in particular. The 13 members of the Organization of the Petroleum Exporting Countries pumped about 28.98…
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The global price of a barrel of oil rises 3%… and Brent crude is above $82 – (update)
The price of a barrel of oil rose globally by more than 3% at the end of trading today, Wednesday, January 11 (2023), as fears of supply shortages overshadowed the state of economic uncertainty. Market participants were pulled in different directions by an unexpected increase in US oil and fuel inventories, global economic uncertainty and…
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The global price of a barrel of oil rises for the third consecutive session – (Update)
The price of a barrel of oil rose globally by more than 1%, at the close of trading today, Monday, January 9 (2023), to continue its rise for the third consecutive session, amid hopes for a recovery in demand. This comes with the reopening of borders in China, the world’s largest importer of crude;…
