Tag: Brent
IEA: Demand for Brent Oil Will Continue to Increase
International Energy Agency (IEA)shared a new report on the energy market. Experts who prepared the report also made an estimate on the price of brent oil. The IEA predicted that…
Russia cuts oil production, Saudi Arabia extends cuts
Oil production in Russia A deep pump is located near the town of Usinsk, 1,500 kilometers north-east of Moscow. (Photo: dpa) Saudi Arabia extends its unilateral oil production cut by…
HSBC Lowers Price Expectation for Brent Oil
HSBC once optimistic by lowering oil forecasts and joining other big Wall Street companiesreduced their views. Analysts of the bank stated that Brent crude oil will fall to $ 80…
Brent Petrol Survived the Wagner Crisis Cheap!
The military-political crisis that broke out in Russia last weekend turned the eyes of investors to the price of oil. The Russian-Ukrainian war, which began in March 2022, brent oil…
IEA sees slowing growth in oil demand
oil pump Investments in clean energy are growing faster than those in fossil fuels. (Photo: Reuters) Frankfurt The International Energy Agency (IEA) expects global oil demand to grow more slowly…
Brent Oil Stretches in Light of Weak Economic Data
Oil, rose as high as $78 after Saudi Arabia’s supply-side decision over the weekend. However, negative data from the global economic calendar increased recession concerns, causing selling pressure in brent…
Saudi Arabia voluntarily cuts one million barrels a day
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt Saudi Arabia…
Oil cartel lowers production target – Saudi Arabia voluntarily cuts even further
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt OPEC-plus lowers…
OPEC meeting: Saudi Arabia voluntarily cuts funding
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt Opec-plus is…
Saudi Arabia is making voluntary funding cuts
The United Arab Emirates Opec delegation In April, the oil cartel surprised with production cuts, now there is a dispute about which country should produce how much oil. (Photo: Reuters)…
Why the price of oil could rise in the long term
Oil pump in the Permian Basin of Texas Frankfurt Although the oil alliance Opec plus announced in April that it would cut oil production by around one million barrels a…
Why the oil price is likely to rise – and how investors can benefit from it
Oil field in the North Sea The oil platform in the North Sea is part of the Johan Sverdrup oil field off Norway. Most experts expect oil prices to continue…
How investors can bet on rising oil prices
oil production It is not easy for investors to profit from rising oil prices. (Photo: dpa) Dusseldorf Oil prices have been falling for months. The highs around the start of…
Output remains constant – no new dispute with G7 countries
oil pump The oil network Opec plus does not risk a new dispute with the G7 industrialized countries. (Photo: dpa) Zurich, Frankfurt The alliance of oil exporting countries, Opec plus,…
Preis-Prognose – Steigen die Energiekosten weiter an?
Düsseldorf 4,4 Millionen Ölheizungen waren 2021 in Deutschland in Betrieb. Und die Energiekrise macht auch vor dieser Energieform nicht halt. Dessen waren sich die Verbraucher hierzulande offenbar auch früh bewusst:…
Insiders expect significantly reduced funding rates from Opec+
Opec+ Oil exploration in North Dakota. (Photo: AFP) Dusseldorf Oil prices rose in early trade on Monday. Most recently, a barrel (159 liters) of North Sea Brent cost $87.26. That…
Oil prices are rising again – how investors can position themselves now
Oil field in California Oil companies from the USA are among the beneficiaries of high oil prices. (Photo: Reuters) Dusseldorf The price of oil rose significantly after Russian President Vladimir…
The commodity super cycle holds so much potential
Dusseldorf The oil price has come under massive pressure since the beginning of the month. A barrel (159 liters) of North Sea Brent currently costs around $100. The price has…
Price collapse shows fear of recession
cotton, copper, petroleum Some raw materials are becoming cheaper again. (Photo: Hartmut Schwarzbach_argus, Kelli – stock.adobe.com , Photocreo Bednarek – stock.adobe) Zurich Whether crude oil, copper or agricultural commodities: Investors…
The price slump shows the fear of a recession
Zurich Whether crude oil, copper or agricultural commodities: Investors have been withdrawing from commodity investments on a large scale since the beginning of June. This is putting pressure on prices:…