Tag archive for ‘barrel’
By Staff writer On Thursday, January 7th, 2016
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OPEC daily basket price

The price of OPEC’s basket of thirteen crudes stood at US$31.79 a barrel on Monday, compared with $31.27 the previous Thursday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes More...

By Staff writer On Tuesday, January 5th, 2016
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$31.26 a barrel on Thursday, compared with $31.54 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Wednesday, December 30th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$31.71 a barrel on Monday, compared with $32.17 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Tuesday, December 29th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$32.14 a barrel on Thursday, compared with $31.25 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Friday, December 25th, 2015
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oil will remain central to the global energy mix over the next 25 years

Penetration of alternative fuel vehicles will increase in the next decades but will remain at low levels: By 2040, only 6% of the passenger car stock and 5.3% of commercial vehicles will be running on non-oil fuels. More...

By Staff writer On Friday, December 18th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$32.33 a barrel on Wednesday, compared with $32.61 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Wednesday, December 16th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$32.60 a barrel on Monday, compared with US$33.76 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Tuesday, December 15th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$33.76 a barrel on Friday, compared with US$34.69 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Friday, December 11th, 2015
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OPEC Monthly Oil Market Report for December 2015

The OPEC Reference Basket declined by around 10% in November as lower refinery crude intake added to the oversupply in the market, according to OPEC Monthly Oil Market Report for December 2015. The Basket lost $4.52 More...

By Staff writer On Tuesday, December 8th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$38.08 a barrel on Friday, compared with US$37.89 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Wednesday, December 2nd, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$38.93 a barrel on Monday, compared with US$39.08 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes More...

By Staff writer On Tuesday, November 24th, 2015
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OPEC daily basket prices

The price of OPEC’s basket of twelve crudes stood at US$38.37 dollars a barrel on Friday, compared with US$38.52 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Thursday, November 19th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$38.29 a barrel on Tuesday, compared with US$38.18 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Sunday, November 8th, 2015
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OPEC daily basket price

The price of OPEC basket of twelve crudes stood at 43.28 dollars a barrel on Thursday, compared with $44.43 the previous day, according to OPEC Secretariat calculations. (View Archives) The new OPEC Reference Basket More...

By Staff writer On Tuesday, November 3rd, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$43.66 a barrel on Friday, compared with US$44.34 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Sunday, October 25th, 2015
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Oil Prices to Stabilise at USD55.0 in 2015-16

Qatar National Bank (QNB Group) forecasted in its weekly financial analysis that oil prices will stabilise around an average of USD55.0 in both 2015-16 before picking up to USD60.2 per barrel in 2017 as the supply More...

By Staff writer On Sunday, February 15th, 2015
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Are Oil Prices Poised For Rebound?

oil The Brent crude oil price fell 57% between June 2014 and January 2015 to a low of USD45 per barrel (/b). Over the last three weeks, however the oil price has rebounded by 31% to a peak of USD59/b. This poses More...

By Staff writer On Saturday, February 14th, 2015
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OPEC daily basket price stood at $ 52.86 a barrel Thursday, 12 February 2015

Oil The price of OPEC basket of twelve crudes stood at 52.86 dollars a barrel on Thursday, compared with $52.21 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Friday, February 13th, 2015
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Kuwaiti oil price crude barrel down to USD 50.78 pb

Kuwaiti oil price crude barrel down to USD 50.78 pb Kuwaiti crude oil price went down Wednesday by USD 0.72 to settle at USD 50.78 pb as opposed to USD 51.50 pb Tuesday, said Kuwait Petroleum Corporation (KPC) on More...

By Staff writer On Thursday, February 12th, 2015
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OPEC daily basket price stood at $53.14 a barrel Tuesday, 10 February 2015

oil barrel The price of OPEC basket of twelve crudes stood at 53.14 dollars a barrel on Tuesday, compared with $53.58 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of More...

By Staff writer On Wednesday, February 11th, 2015
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OPEC daily basket price for Monday, 9 February 2015

oil The price of OPEC’s basket of twelve crudes stood at US$53.58 a barrel on Monday, compared with $53.36 the previous Friday, according to OPEC’s Secretariat calculations. OPEC Reference Basket of More...

By Staff writer On Tuesday, February 10th, 2015
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OPEC daily basket price for Friday 6th February 2015

oil The price of OPEC’s basket of twelve crudes stood at US$53.36 a barrel on Friday, compared with $50.81 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Saturday, February 7th, 2015
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OPEC daily basket price stood at $50.81

opec The price of OPEC basket of twelve crudes stood at 50.81 dollars a barrel on Thursday, compared with $52.22 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Saturday, February 7th, 2015
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Kuwaiti oil crude barrel down USD 2.39, reaching USD 48.28

Kuwaiti oil crude barrel down USD 2.39, reaching USD 48.28 Price of Kuwaiti crude oil barrel went down USD 2.39 reaching USD 48.28 per barrel on Thursday, compared to USD 50.67 per barrel on Wednesday, according More...

By Staff writer On Thursday, February 5th, 2015
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OPEC daily basket price for Tuesday, 3rd February 2015

oil barrel The price of OPEC’s basket of twelve crudes stood at US$51.77 dollars a barrel on Tuesday, compared with $48.19 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference More...

By Staff writer On Wednesday, February 4th, 2015
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OPEC daily basket price for Monday, 2nd February, 2015

oil The price of OPEC’s basket of twelve crudes stood at US$48.19 dollars a barrel on Monday, compared with $44.83 the previous Friday, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Tuesday, February 3rd, 2015
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OPEC daily basket price for Friday, 30th January 2015

oil The price of OPEC’s basket of twelve crudes stood at US$44.83 a barrel on Friday, compared with $43.88 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket of Crudes More...

By Staff writer On Thursday, January 29th, 2015
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OPEC daily basket price for Tuesday 27th January

oil price of OPEC’s basket of twelve crudes stood at US$43.24 a barrel Tuesday, 27th January 2015, compared with $42.90 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket More...

By Staff writer On Wednesday, January 28th, 2015
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Oman Crude Oil Financial Contract will be US$0.90 lower than average daily settlement price

Oil The Department of Oil Affairs of the Government of Dubai has announced that it has notified its customers that the official price of Dubai crude oil to be delivered next April, will be US$0.90 lower than the More...

By Staff writer On Wednesday, January 28th, 2015
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OPEC’s basket down 79 cents, reaching USD 42.90 pb

oil The price of OPEC’s crude basket down by 79 cents on Monday, reaching USD 42.90 per barrel (pb), compared to USD 43.69 pb on Friday, said OPEC on Tuesday. Meanwhile, the organization said that the annual More...

By Staff writer On Tuesday, January 27th, 2015
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OPEC daily basket price for Friday 23rd January 2015

opec The price of OPEC’s basket of twelve crudes stood at US$ 43.69 dollars a barrel on Friday, compared with $43.05 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Friday, January 23rd, 2015
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OPEC daily basket price for Wednesday, 21 January 2015

Oil The price of OPEC’s basket of twelve crudes stood at US$43.25 dollars a barrel on Wednesday, compared with $43.04 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Thursday, January 22nd, 2015
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OPEC daily basket price for Tuesday

oil The price of OPEC’s basket of twelve crudes stood at US$43.04 a barrel on Tuesday, compared with US$43.87 a barrel the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Wednesday, January 21st, 2015
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OPEC daily basket price for Monday, 19 January 2015

OPEC The price of OPEC’s basket of twelve crudes stood at US$43.87 a barrel on Monday, compared with $43.40 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of More...

By Staff writer On Monday, January 19th, 2015
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OPEC daily basket price for Friday, 16th January 2015

oil The price of OPEC’s basket of twelve crudes stood at US$43.40 dollars a barrel on Friday, compared with $43.14 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Sunday, January 18th, 2015
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Kuwait crude oil price soars USD 0.41 to USD 40.85 pb

Oil The price of Kuwait crude oil per barrel slightly increased by USD 0.41 to stand at USD 40.85 pb in Friday’s trading compared to USD 40.44 pb on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday. On More...

By Staff writer On Saturday, January 17th, 2015
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OPEC daily basket price stood at $43.14 a barrel on Thursday

oil barrel The price of OPEC basket of twelve crudes stood at US $ 43.14 a barrel on Thursday, compared with US $41.65 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Friday, January 16th, 2015
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OPEC daily basket price for Wednesday, 14th January 2015

OPEC The price of OPEC’s basket of twelve crudes stood at US$41.65 dollars a barrel on Wednesday, compared with $41.50 the previous day, according to OPEC’s Secretariat calculations. OPEC’s Reference More...

By Staff writer On Friday, January 16th, 2015
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Kuwaiti crude oil stable at USD 38.90 pb

Oil Price of Kuwaiti crude oil was stable at USD 38.90 per barrel (pb) on Wednesday, same as it did the day before, said the Kuwait Petroleum Corporation (KPC) on Thursday. Despite the ongoing price downturn trend More...

By Staff writer On Wednesday, January 14th, 2015
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OPEC daily basket price for Tuesday, 13 January 2015

oil The price of OPEC’s basket of twelve crudes stood at US$41.50 dollars a barrel on Tuesday, compared with $43.55 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Wednesday, January 14th, 2015
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OPEC daily basket price for Monday, 12th January 2015

OPEC The price of OPEC’s basket of twelve crudes stood at US$43.55 dollars a barrel on Monday, compared with $45.19 the previous Friday, according to OPEC’s Secretariat calculations. OPEC’s Reference More...

By Staff writer On Tuesday, January 13th, 2015
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OPEC daily basket for Friday, 9 January 2015

opec The price of OPEC’s basket of twelve crudes stood at US$45.19 a barrel on Friday, compared with $45.68 the previous day, according to OPEC’S Secretariat calculations. OPEC’s Reference Basket More...

By Staff writer On Tuesday, January 13th, 2015
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Oman Crude Oil Futures Contract closes at US$45.65 a barrel at Dubai Mercantile Exchange

Oman Crude Oil Futures Contract closes at US$45.65 a barrel at Dubai Mercantile Exchange The price of DME Oman Crude Oil Futures Contract went down by US$2.01, closing at US$45.65 a barrel for March delivery, at More...

By Staff writer On Sunday, January 11th, 2015
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Kuwaiti oil barrel drops 29 cents, reaches USD 43.21

oil The price of Kuwaiti oil barrel dropped 29 cents reaching USD 43.21 on Friday, compared to USD 43.50 per barrel on Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday. Oil prices in international markets More...

By Staff writer On Saturday, January 10th, 2015
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Kuwait crude oil price up USD 1.05 to USD 43.50 pb

Oil The price of Kuwaiti oil went up by USD 1.05 to settle at USD 43.50 per barrel Thursday after being at USD 42.45 Wednesday, said Kuwait Petroleum Corporation (KPC) here Friday. Oil prices went up in the global More...

By Staff writer On Saturday, January 10th, 2015
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The price of OPEC basket of twelve crudes stood at 45.74 pb

OPEC The price of OPEC basket of twelve crudes stood at 45.74 dollars a barrel on Thursday, compared with $44.85 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Friday, January 9th, 2015
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OPEC daily basket price for Wednesday announced

OPEC The price of OPEC’s basket of twelve crudes stood at US$44.85 a barrel on Wednesday, compared with $46.62 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes More...

By Staff writer On Thursday, January 8th, 2015
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Kuwaiti crude down to USD 44.64 pb

Kuwaiti crude down to USD 44.64 pb The price of Kuwaiti crude oil went down Tuesday by USD 2.72 to USD 44.64 per barrel compared with USD 47.36 pb on Monday, said the Kuwait Petroleum Corporation (KPC) Wednesday. On More...

By Staff writer On Thursday, January 8th, 2015
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OPEC daily basket price for Tuesday, 6th January 2015

opec The price of OPEC’s basket of twelve crudes stood at US$46.69 a barrel on Tuesday, compared with $48.99 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket of Crudes More...

By Staff writer On Wednesday, January 7th, 2015
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Oman Crude Oil below $50/b, down 55% from 2014 peak

crude oil Oman crude oil prices on the Dubai Mercantile Exchange tumbled to under US$50/b for the first time in more than 5 years, as the 2014 oil price collapse continued into the new year. Front-month January More...

By Staff writer On Tuesday, January 6th, 2015
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OPEC daily basket price for Friday January 2nd

Oil price The price of OPEC’s basket of twelve crudes stood at US$ 51.91 a barrel on Friday, compared with $52.00 the previous Wednesday, according to OPEC Secretariat calculations. The new OPEC Reference More...

By Staff writer On Sunday, January 4th, 2015
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Kuwait crude oil price up to USD 51.35 pb

oil barrel The price of Kuwait crude oil per barrel rose USD 0.86 to stand at USD 51.35 pb in Friday’s trading compared to USD 50.49 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said on Saturday. The More...

By Staff writer On Friday, January 2nd, 2015
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Kuwaiti crude down to USD 50.49 pb

oil The price of Kuwaiti crude oil went down Wednesday by USD 0.21, settling at USD 50.49 per barrel after being at USD 50.70 pb the day before, said the news bulletin for Kuwait Petroleum Corporation (KPC) Thursday. In More...

By Staff writer On Thursday, January 1st, 2015
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Kuwaiti crude down USD 2.2 to USD 50.70 pb

Oil The price of Kuwait’s crude oil dropped by USD 2.2 on Tuesday, to USD 50.70 per barrel (pb), compared to USD 52.90 pb on Monday, said Kuwait Petroleum Corporation (KPC) on Wednesday. International crude More...

By Staff writer On Wednesday, December 31st, 2014
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Kuwaiti oil drops USD 1.99, reaches USD 52.90 pb

Kuwaiti oil drops USD 1.99, reaches USD 52.90 pb The price of Kuwaiti oil dropped USD 1.99 on Monday, reaching USD 52.90 per barrel (pb), compared to USD 54.89 pb last Wednesday, said Kuwait Petroleum Corporation More...

By Staff writer On Wednesday, December 31st, 2014
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Oman Crude Oil Financial Contract closes at US$53.13 at DME

Oman Crude Oil Financial Contract closes at US$53.13 at DME The price of Oman Crude Oil Financial Contract, DME Oman, went down by US$2.35, closing at US$53.13 a barrel for February delivery, at Dubai Mercantile More...

By Staff writer On Wednesday, December 31st, 2014
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OPEC daily basket price for Monday, 29th December 2014.

opec The price of OPEC’s basket of twelve crudes stood at US$54.44 a barrel on Monday, compared with $56.03 the previous Wednesday, according to OPEC’s Secretariat calculations. The new OPEC Reference More...

By Staff writer On Tuesday, December 30th, 2014
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OPEC daily basket price for Wednesday, 24th December 2014

OPEC The price of OPEC’s basket of twelve crudes stood at US$56.06 a barrel on Wednesday, compared with $55.59 the previous day, according to OPEC’S Secretariat calculations. OPEC Reference Basket of More...

By Staff writer On Tuesday, December 30th, 2014
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Oman Crude Oil Financial Contract closes at US$55.48 at DME

Oman Crude Oil Financial Contract closes at US$55.48 at DME The price of Oman Crude Oil Financial Contract, DME Oman, went down by US$1.23, closing at US$55.48 a barrel for February delivery, at Dubai Mercantile More...

By Staff writer On Friday, December 26th, 2014
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Kuwaiti oil barrel up by 85 cents, reaches USD 54.89

oil barrel The price of Kuwaiti oil barrel rose by 85 cents on Wednesday reaching USD 54.89, compared to USD 54.04 per barrel on Tuesday, according to Kuwait Petroleum Company (KPC). International oil markets are More...

By Staff writer On Wednesday, December 24th, 2014
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OPEC daily basket price for Monday 22 December

OPEC The price of OPEC’s basket of twelve crudes stood at US$56.90 a barrel on Monday, compared with $55.52 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of More...

By Staff writer On Wednesday, December 24th, 2014
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Oman Crude Oil Financial Contract closes at US$57.05 at DME

Oman Crude Oil Financial Contract closes at US$57.05 at DME The price of Oman Crude Oil Financial Contract, DME Oman, went down by US$2.63, closing at US$57.05 a barrel for February delivery, at Dubai Mercantile More...

By Staff writer On Tuesday, December 23rd, 2014
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OPEC daily basket price Friday 19th December

oil barrel The price of OPEC’s basket of twelve crudes stood at US$55.52 a barrel on Friday, compared with $56.30 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Sunday, December 21st, 2014
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Kuwait crude oil price down to USD 53.77 pb

crude oil Price of Kuwait crude oil per barrel dropped by USD 1.29 to stand at USD 53.77 pb in Friday’s trading compared to USD 55.06 pb on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday. Brent More...

By Staff writer On Saturday, December 20th, 2014
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OPEC daily basket price stood at $56.30 a barrel on Thursday

oil The price of OPEC basket of twelve crudes stood at US $ 56.30 a barrel on Thursday, compared with US $55.64 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Saturday, December 20th, 2014
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Kuwait crude oil price up to USD 55.06 pd

Kuwait crude oil price up to USD 55.06 pd Price of Kuwait crude oil per barrel rose by USD 1.15 to stand at USD 55.06 pb in Thursday’s trading, compared to USD 53.91 a day before, said Kuwait Petroleum Corporation More...

By Staff writer On Friday, December 19th, 2014
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OPEC daily basket price for Wednesday, 17th December 2014

Oil The price of OPEC’s basket of twelve crudes stood at US$55.64 dollars a barrel on Wednesday, compared with $55.91 the previous day, according to OPEC’s Secretariat calculations. The new OPEC Reference More...

By Staff writer On Friday, December 19th, 2014
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Dubai announces crude oil price for March

Dubai announces crude oil price for March The Department of Oil Affairs of the Government of Dubai has announced that it has notified its customers that the official price of Dubai crude oil, to be delivered in More...

By Staff writer On Friday, December 19th, 2014
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OPEC should revise policy, for shale oil production cost not high

OPEC should revise policy, for shale oil production cost not high OPEC’s oil producers should not base their strategic calculations on the controversial prospect that production of the competitive shale oil More...

By Staff writer On Friday, December 19th, 2014
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Kuwait crude oil price down to USD 53.91 pb

oil barrels Price of Kuwait crude oil per barrel dropped by USD 0.18 to stand at USD 53.91 pb in Wednesday’s trading compared to USD 54.09 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday. In More...

By Staff writer On Thursday, December 18th, 2014
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OPEC daily basket price for Tuesday, 16 December 2014

Oil The price of OPEC’s basket of twelve crudes stood at US$55.91 a barrel on Tuesday, compared with $57.92 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket of Crudes More...

By Staff writer On Wednesday, December 17th, 2014
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OPEC daily basket price for Monday, 15 December 2014

oil barrel The price of OPEC’s basket of twelve crudes stood at US$57.92 a barrel on Monday, compared with $58.65 the previous Friday, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Tuesday, December 16th, 2014
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OPEC daily basket price stood at $58.65 a barrel Friday

oil barrel The price of OPEC’s basket of twelve crudes stood at US$ 58.65 a barrel on Friday, compared with $60.50 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of More...

By Staff writer On Saturday, December 13th, 2014
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Kuwait crude oil price down to USD 59.13 pb

oil barrels Price of Kuwait crude oil per barrel went down USD 1.20 to stand at USD 59.13 pb in Thursday’s trading compared to USD 60.33 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said here on Friday. Prices More...

By Staff writer On Saturday, December 13th, 2014
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OPEC daily basket price stood at US $60.50 a barrel on Thursday

OPEC The price of OPEC basket of twelve crudes stood at US $ 60.50 a barrel on Thursday, compared with US $61.35 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Friday, December 12th, 2014
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OPEC daily basket price for Wednesday December 10th

oil barrels The price of OPEC’s basket of twelve crudes stood at US$61.35 a barrel on Wednesday, compared with $62.33 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket More...

By Staff writer On Thursday, December 11th, 2014
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OPEC daily basket price for Tuesday December 9th

oil barrel The price of OPEC’s basket of twelve crudes stood at US$62.33 a barrel on Tuesday, compared with $63.78 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of More...

By Staff writer On Wednesday, December 10th, 2014
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OPEC’s daily basket for Monday December 8th

OPEC The price of OPEC’s basket of twelve crudes stood at US$63.78 dollars a barrel on Monday, compared with $65.32 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket More...

By Staff writer On Tuesday, December 9th, 2014
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Oman Crude Oil Financial Contract closes at US$66 at DME

Oman Crude Oil Financial Contract closes at US$66 at DME The price of Oman Crude Oil Financial Contract, DME Oman, for delivery February next year, went down by US$1.10, closing at US$66 a barrel at Dubai Mercantile More...

By Staff writer On Sunday, December 7th, 2014
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Kuwait crude oil price down to USD 64.12 pb

Kuwait crude oil price down to USD 64.12 pb Price of Kuwait crude oil per barrel went down by 99 cents to settle at USD 64.12 pb in Friday’s trading compared to USD 65.11 pb on Wednesday, Kuwait Petroleum More...

By Staff writer On Saturday, December 6th, 2014
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OPEC daily basket price stood at $66.27 a barrel Thursday

OPEC The price of OPEC basket of twelve crudes stood at 66.27 dollars a barrel on Thursday, compared with $67.31 the previous day, according to OPEC Secretariat calculations. (View Archives) The new OPEC Reference More...

By Staff writer On Thursday, December 4th, 2014
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QP Announces Crude Prices for November 2014

Qatar Petroleum (QP) Qatar Petroleum (QP) announced Tuesday the official prices of Qatar’s onshore and offshore crude for November 2014. QP set Qatar’s onshore crude at $76.20 per barrel and the offshore More...

By Staff writer On Thursday, December 4th, 2014
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Kuwait crude oil price up to USD 66.84 pb

oil barrel Price of Kuwait crude oil went up USD 2.43 to stand at USD 66.84 per barrel in Tuesday’s trading compared to USD 64.41 on Monday, Kuwait Petroleum Corporation (KPC) said here on Wednesday. At global More...

By Staff writer On Thursday, December 4th, 2014
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OPEC daily basket price stood at $68.13 a barrel Tuesday

oil The price of OPEC basket of twelve crudes stood at 68.13 dollars a barrel on Tuesday, compared with $66.44 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Wednesday, December 3rd, 2014
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Kuwait crude oil price down to USD 64.41 pb

Oil Price of Kuwait crude oil per barrel went down USD 2.68 to settle at USD 64.41 pb in Monday’s trading compared to USD 67.09 pb on Friday, Kuwait Petroleum Corporation (KPC) said here on Tuesday. At global More...

By Staff writer On Tuesday, December 2nd, 2014
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OPEC daily basket price for Friday, 28 November 2014

OPEC The price of OPEC’s basket of twelve crudes stood at US$ 68.89 a barrel on Friday, compared with $70.80 the previous day, according to OPEC Secretariat calculations. OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Sunday, November 30th, 2014
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Kuwait crude oil price down to USD 67.09 pb

oil barrel Price of Kuwait crude oil per barrel went down by USD 2.80 to USD 67.09 pb in Friday’s trading compared to USD 69.89 pb on Thursday, Kuwait Petroleum Corporation (KPC) said here on Saturday. At More...

By Staff writer On Saturday, November 29th, 2014
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Kuwait crude oil price drops to USD 69.89 pb

Oil Price of Kuwait crude oil per barrel dropped by USD 2.03 to stand at USD 69.89 pb in Thursday’s trading compared to USD 71.92 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said on Friday. Meanwhile, More...

By Staff writer On Friday, November 28th, 2014
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OPEC daily basket price on Wednesday 26th November

OPEC daily basket price on Wednesday 26th November The price of OPEC’s basket of twelve crudes stood at US $73.70 a barrel on Wednesday, compared with US$74.28 the previous day, according to OPEC Secretariat More...

By Staff writer On Thursday, November 27th, 2014
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OPEC daily basket price stood at US$74.28 a barrel on Tuesday,

oil barrel The price of OPEC’s basket of twelve crudes stood at US$74.28 a barrel on Tuesday, compared with $75.70 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Wednesday, November 26th, 2014
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Kuwait crude oil price up to USD 74.38 pb

oil barrel Price of Kuwait crude oil per barrel hiked by 73 cents to USD 74.38 pb in Monday’s trading compared to USD 73.65 pb on Friday, Kuwait Petroleum Corporation (KPC) said here on Tuesday. At global More...

By Staff writer On Wednesday, November 26th, 2014
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OPEC daily basket price announced for Monday

OPEC The price of OPEC basket of twelve crudes stood at 75.70 dollars a barrel on Monday, compared with $75.42 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Tuesday, November 25th, 2014
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OPEC daily basket price stood at US $75.42 a barrel on Friday

oil barrels The price of OPEC’s basket of twelve crudes stood at US$75.42 a barrel on Friday, compared with $74.03 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Saturday, November 22nd, 2014
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Kuwait crude oil price drops to USD 72.24 pb

Oil Price of Kuwait crude oil per barrel dropped USD 0.16 to USD 72.24 pb in Thursday’s trading compared to USD 72.40 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said on Friday. The drop in global More...

By Staff writer On Saturday, November 22nd, 2014
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OPEC daily basket price stood at $74.03 a barrel Thursday

OPEC The price of OPEC basket of twelve crudes stood at 74.03 dollars a barrel on Thursday, compared with $74.05 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Thursday, November 20th, 2014
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Oman Crude Oil Futures Contract slips 36 cents per barrel

oil barrel DME Oman Crude Oil Futures Contract (OQD) closed at US$76,35 per barrel on Dubai Mercantile at 12:30 p.m. Dubai time on Thursday. On 11 November, DME Oman futures traded below US$80 per barrel for the More...

By Staff writer On Thursday, November 20th, 2014
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OPEC daily basket price for Wednesday, 19th November 2014

oil barrels The price of OPEC’s basket of twelve crudes stood at US$74.05 a barrel on Wednesday, compared with $74.36 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Wednesday, November 19th, 2014
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OPEC daily basket price for Tuesday, 18 November 2014

oil barrel The price of OPEC’s basket of twelve crudes stood at US$74.36 a barrel on Tuesday, compared with $73.90 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Tuesday, November 18th, 2014
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OPEC daily basket price for Monday, 17 November 2014

oil barrels The price of OPEC’s basket of twelve crudes stood at US$73.90 a barrel on Monday, compared with $73.47 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

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