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21 hours ago · The market's sensitivity to additional barrels has painted a bleak short-term outlook for oil prices. Currently, Brent Crude trades at around $71 per barrel, while West Texas Intermediate (WTI) hovers near $68 per barrel. These price levels reflect a more than 4% drop this week alone, with the monthly decline nearing 10%, a stark indication of ...
21 hours ago · Oversupply fears from OPEC+ policies have been pushed from October to December, as oil prices hit new yearly lows at $65 per barrel, after peaking at $87 per barrel earlier in the year. The scheduled 180,000-barrel production hike is heightening concerns of oversupply, particularly as Saudi Arabia abandons its $100 price target and Libya moves forward with a deal to boost production.
21 hours ago · The Nigerian National Petroleum Company Limited (NNPCL) states that raising crude oil production from the existing level of 1.7 million barrels per day to 3 million barrels is feasible. NNPC stated that its initiatives have contributed to the 1.7 million barrels per day growth in oil output from 1.4 million. Photo Credit: NNPC.
1 day ago · PALMOILMAGAZINE, JAKARTA – The crude palm oil (CPO) tender at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom September 27, 2024 | 12:01 WIB | CPO Price at KPBN Inacom Rises by 1.23% …
21 hours ago · The economy of Venezuela is based primarily on petroleum, [ 4 ][ 18 ] as the country holds the largest crude oil supply in the world. [ 19 ] Venezuela was historically among the wealthiest economies in South America, particularly from the 1950s to 1980s. [ 20 ] During the 21st century, under the leadership of socialist populist Hugo Chávez and ...
21 hours ago · South Korea, [c] officially the Republic of Korea (ROK), [d] is a country in East Asia. It constitutes the southern part of the Korean Peninsula and borders North Korea along the Korean Demilitarized Zone; though it also claims the land border with China and Russia.
13 minutes ago · Comex Copper Live chart with Volume, OI and Prices. Know about Comex Copper lot size and margin requirement.
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