Oil prices increased by about 2% on Wednesday, driven by optimistic reports suggesting that the OPEC+ alliance is contemplating additional reductions in oil production. Consequently, Brent crude settled at $83.10 per barrel, while WTI crude ended at $77.86 per barrel.
read more... 30/11/2023
Poland's incoming government has submitted a draft law to the country's parliament to freeze energy prices in the first half of 2024 and liberalize rules to build wind farms.
read more... 30/11/2023
Oil prices experienced a rebound on Tuesday in a tense and volatile market, filled with numerous rumors ahead of the meeting of the OPEC and its allies on Thursday. As a result, Brent crude settled at $81.68 per barrel, while WTI crude stood at $76.41 per barrel, both contracts increasing by over 2% day-on-day.
read more... 29/11/2023
Oil prices ended the day lower on Monday, with the market doubting the ability of OPEC and its allies to curb the falling prices. Hence, Brent crude settled at $79.98 per barrel, while WTI crude stood at $74.86 per barrel, both contracts down by 1% day-on-day.
read more... 28/11/2023
On Friday, oil prices declined by more than 1% in a thinly traded market where confidence in a substantial adjustment to production quotas by OPEC and its allies has diminished. Consequently, Brent crude settled at $80.58 per barrel, while WTI crude ended at $75.54 per barrel.
read more... 27/11/2023