Thursday , August 5 2021

The OPEC basket closed Friday with & # 39; 60.27 dollars per barrel



Caracas.- The barrel price of & # 39; reference of the Petroleum Exporting Countries of (OPEC) closed Friday with & # 39; 60.27 dollars, representing a loss of & # 39; 1.81 dollars from 62.08 dollars recorded on Thursday, the oil group at its web portal.

The basket & # 39; Opep reference includes a mixture of & # 39; Crude Sahara (Algeria), sunflower (Angola), Oriente (Ecuador), Sapphire (Equatorial Guyana), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider ( Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), MURBAN (United Arab Emirates) and Merey (Venezuela).

Venezuelan Oil recorded a decrease of & # 39; 18.9 yuan per barrel, after 424 runs from 20 up to 405.30 yuan last week, the Ministry of Petroleum reported on Friday, AVN reports.

Nevertheless, the bucket & # 39; Brent oil from the North Sea for delivery in & # 39; in January traded at $ 59.20 this Monday at the start of the electronic market Intercontinental Petroleum Exchange (ICE).

Brent, the point & # 39; reference to international oil prices, increased by & # 39; 40 cents (0.68 percent) from the end of & # 39; before Friday, when it was 58.80.

Meanwhile, the West Texas Intermediate (WTI) crude, reference in the United States, also for January, increased by & # 39; 16 cents (0.32 percent) and traded on & # 39; 50.58 dollars.

According to the publication & # 39; Latin Prensa, the oil prices have started to gain on Monday after sharp losses this week, but remained under pressure with & # 39; Brude crude below $ 60 per barrel f & # 39; half a trouble financial markets.

The pact OPEC and other producing countries like Russia to regain balance in the oil market will be revised soon. It is expected that at the summit & # 39; the OPEC of & # 39; 6 December will be studied to approve reduction of quotas & # 39; his pumping will help reduce forecast & # 39; oversupply.


Source link