Brent Archives

Oil losses continue as Brent oil sells at $78 per barrel

Brent crude was trading at $78.47 a barrel at 03:53 am GMT on Monday, January 22, according to an early analysis of oil prices. According to Reuters, prices struggled to gain traction as economic uncertainty weighed heavily on the outlook for global oil consumption, despite geopolitical concerns in the Middle East and a recent attack […]

bfatoyepdnlimited-com
22nd January 2024
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Brent crude rises as Saudi Arabia extends crude production cuts till September

Brent crude price was $84.71 a barrel at 4:39 PM (GMT+1) on Thursday, August 3; this follows a little decline earlier in the day. This came about after Saudi Arabia chose to prolong the end of September 2023 for the production cut it started in July. According to reports published by its state news agency […]

bfatoyepdnlimited-com
3rd August 2023
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Oil and Gas

Brent crude hits $80.41 per barrel, highest since May 2023

Brent crude has reached a price of over $80.41 per barrel for the first time since May 20, 2023. According to Nairametrics, after examining crude oil prices on Wednesday, July 12, it was discovered that the benchmark Brent crude price had hit above $80 per barrel. As of 2:58 pm (GMT+1), Brent crude was 80.41 per barrel, while Bonny Light […]

bfatoyepdnlimited-com
12th July 2023
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Oil and Gas

Brent declines amid slow economy

US crude oil rose around 3% on Wednesday, closing the price gap with global benchmark Brent in a post-holiday reaction to production restrictions imposed by Saudi Arabia and Russia on Monday. According to Reuters, after increasing by $1.60 on Tuesday, Brent crude was down 64 cents, or 0.8%, at $75.61 a barrel by 0913 GMT. […]

bfatoyepdnlimited-com
6th July 2023
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Why oil theft estimates are unrealistic- Navy

Oil and Gas

Oil price rises as OPEC projects steady demand growth

Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation of Petroleum Exporting Countries projected that the demand growth for oil would continue this year. Industry figures showed that Brent moved up by $0.77 or 0.72 per cent to $107.57/barrel at about 7.13pm Nigerian time. It had traded around […]

agencyreport
22nd April 2022
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Tag: Brent

Oil losses continue as Brent oil sells at $78 per barrel

Brent crude rises as Saudi Arabia extends crude production cuts till September

Brent crude hits $80.41 per barrel, highest since May 2023

Brent declines amid slow economy

Oil price rises as OPEC projects steady demand growth

China hits EU with new medical device purchase.

Tinubu pledges bold reforms to boost agricultural, livestock.

Elon Musk launches party to challenge US political.

Eight OPEC+ nations to raise output by 548,000.

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