Crude oil prices rose to a five-week high on Friday after OPEC+ announced supply curbs, easing somehow the fears about an economic slowdown. As such, Brent crude settled 3.7% higher at $97.92 a barrel, while WTI rose by 4.7% to $92.64.
read more... 10/10/2022
Oil prices had a bullish evolution for a second day in a row, after Opec+ decided to limit production in November. Consequently, Brent crude increased by 1.1% to $94.42 a barrel, and WTI oil rose by 0.7% to $88.45 a barrel.
read more... 07/10/2022
Oil prices had a bullish evolution on Wednseday, after Opec decided to cut production by 2m bbl/day in November. Consequently, Brent crude surged 1.7% to $93.37 a barrel, and WTI oil rose by 1.4% to $87.76 a barrel.
read more... 06/10/2022
Oil prices had a bullish evolution on Tuesday, as traders anticipated that an Opec meeting would result in a decision to cut production. Consequently, Brent crude increased 3.3% to $91.80 a barrel, and WTI oil rose 1.1% to $86.52 a barrel.
read more... 05/10/2022
Oil prices continued their rise from gains seen in the prior session on Tuesday as expectations grew of a large cut to Opec production, with the cartel due to meet tomorrow.
read more... 04/10/2022