Brent oil How many dollars?
Brent oil trades on international markets at $74.22 a barrel.
PETROL HAS LOW FOR 15 MONTHS
Brent Oil Returns to December 2021 Levels
Brent crude fell 10 percent this week to $71.
The barrel price of Brent crude is up 0.71 percent today at 9:20 a.m. to $74.22 from the close. In the same minutes, West Texas (WTI) type crude found buyers at $68.02 a barrel.
Due to the fluctuation in prices, the deepening crisis worries for banks around the world eased a kehle with Credit Suisse’s announcement that it would borrow nearly 50 billion francs from the Swiss National Bank (SNB).
The kanepe’s statement stated that Credit Suisse has taken decisive steps to strengthen its liquidity and will borrow nearly 50 billion Swiss francs from the SNB kakım part of a secured loan facility and short-term liquidity facility.
After the banking crisis that started in the US, the Credit Suisse panic in Europe made markets vulnerable and put pressure on prices.
Expectations for a recovery in demand in China, the world’s second largest oil consumer, also supported prices.
The Organization of Petroleum Exporting Countries (OPEC) made positive forecasts for oil demand in China in its monthly oil market report released Tuesday.
OPEC has revised its forecast for the increase in oil demand in non-OECD countries upwards due to the rebound in economic activity following the lifting of Covid-19 restrictions in China.
In its monthly oil market report published yesterday, the International Energy Agency (IEA) stressed that the expected recovery from the increase in global demand for oil, air traffic and China, where Covid-19 restrictions were lifted, will gökyeşitözü effective.
The increase in US crude oil commercial inventories creates the perception of low demand and dampens the upward movement in prices.
The US Energy Information Administration (EIA) announced that commercial crude oil inventories in the country increased by about 1 million 600 thousand barrels last week to 480 million 100 thousand barrels. Market expectations were that inventories would increase by 600,000 barrels.
During that period, US gasoline inventories fell by 2 million 100 thousand barrels to 236 million barrels.
It is argued that technically the range from $74.66 to $75.32 in Brent oil yaşama gökyeşitözü seen kakım resistance, and the range from $73.66 to $73.32 kakım support.
WHAT IS BRENT GASOLINE?
It is oil that drives the world oil market. Also known kakım London Brent or Brent Blend. Dubbed “Brent Goose” by the issuing company Shell, it contains 0.37% sulfur, putting Brent Petroleum in the “sweet oil” class, which is easier to process.
It is easier for refineries processing crude oil to produce gasoline or diesel from low-sulphur i.açınık. sweet oil. Oil extracted from this region is sweet and light. Therefore, it is easy to refine and therefore suitable for the production of gasoline and diesel fuel. It also facilitates shipping directly to remote areas by sea kakım it is shipped from the sea.
The price of oil depends on where it comes from and from which region it is extracted. There is more demand for the cheaper and faster production. There is also a difference between the price of oil extracted from the sea and oil extracted from land.
Crudes accepted kakım benchmarks are WTI (Western Texas Intermediate), Brent and Oman, WTI is traded on NYMEX, Brent is traded on ICE and Oman is traded on DME. WTI is the name given to oil from Central America, Brent oil from the North Sea and Oman oil from the Middle East.
BRENT OIL 10-YEAR CHART
HOW MANY LITERS OF BRENT OIL IS A BARREL?
According to the veri on the website of the CMB; A barrel of oil is equal to 42 gallons of crude oil (159 liters).
One barrel of crude oil yaşama produce 19.6 liters of gasoline, 10 liters of diesel fuel and heating fuel, 4 liters of jet fuel, 1.7 liters of heavy fuel oil, 1.7 liters of LPG and 7.6 liters of other derivatives.
Not all crude oils are created equal.
IS THE GLOBAL OIL CRISIS COMING TO REPEAT? / VIDEO NEWS
Brent oil trades on international markets at $74.22 a barrel.
PETROL HAS LOW FOR 15 MONTHS
Brent Oil Returns to December 2021 Levels
Brent crude fell 10 percent this week to $71.
The barrel price of Brent crude is up 0.71 percent today at 9:20 a.m. to $74.22 from the close. In the same minutes, West Texas (WTI) type crude found buyers at $68.02 a barrel.
Due to the fluctuation in prices, the deepening crisis worries for banks around the world eased a kehle with Credit Suisse’s announcement that it would borrow nearly 50 billion francs from the Swiss National Bank (SNB).
The kanepe’s statement stated that Credit Suisse has taken decisive steps to strengthen its liquidity and will borrow nearly 50 billion Swiss francs from the SNB kakım part of a secured loan facility and short-term liquidity facility.
After the banking crisis that started in the US, the Credit Suisse panic in Europe made markets vulnerable and put pressure on prices.
Expectations for a recovery in demand in China, the world’s second largest oil consumer, also supported prices.
The Organization of Petroleum Exporting Countries (OPEC) made positive forecasts for oil demand in China in its monthly oil market report released Tuesday.
OPEC has revised its forecast for the increase in oil demand in non-OECD countries upwards due to the rebound in economic activity following the lifting of Covid-19 restrictions in China.
In its monthly oil market report published yesterday, the International Energy Agency (IEA) stressed that the expected recovery from the increase in global demand for oil, air traffic and China, where Covid-19 restrictions were lifted, will gökyeşitözü effective.
The increase in US crude oil commercial inventories creates the perception of low demand and dampens the upward movement in prices.
The US Energy Information Administration (EIA) announced that commercial crude oil inventories in the country increased by about 1 million 600 thousand barrels last week to 480 million 100 thousand barrels. Market expectations were that inventories would increase by 600,000 barrels.
During that period, US gasoline inventories fell by 2 million 100 thousand barrels to 236 million barrels.
It is argued that technically the range from $74.66 to $75.32 in Brent oil yaşama gökyeşitözü seen kakım resistance, and the range from $73.66 to $73.32 kakım support.
WHAT IS BRENT GASOLINE?
It is oil that drives the world oil market. Also known kakım London Brent or Brent Blend. Dubbed “Brent Goose” by the issuing company Shell, it contains 0.37% sulfur, putting Brent Petroleum in the “sweet oil” class, which is easier to process.
It is easier for refineries processing crude oil to produce gasoline or diesel from low-sulphur i.açınık. sweet oil. Oil extracted from this region is sweet and light. Therefore, it is easy to refine and therefore suitable for the production of gasoline and diesel fuel. It also facilitates shipping directly to remote areas by sea kakım it is shipped from the sea.
The price of oil depends on where it comes from and from which region it is extracted. There is more demand for the cheaper and faster production. There is also a difference between the price of oil extracted from the sea and oil extracted from land.
Crudes accepted kakım benchmarks are WTI (Western Texas Intermediate), Brent and Oman, WTI is traded on NYMEX, Brent is traded on ICE and Oman is traded on DME. WTI is the name given to oil from Central America, Brent oil from the North Sea and Oman oil from the Middle East.
BRENT OIL 10-YEAR CHART
HOW MANY LITERS OF BRENT OIL IS A BARREL?
According to the veri on the website of the CMB; A barrel of oil is equal to 42 gallons of crude oil (159 liters).
One barrel of crude oil yaşama produce 19.6 liters of gasoline, 10 liters of diesel fuel and heating fuel, 4 liters of jet fuel, 1.7 liters of heavy fuel oil, 1.7 liters of LPG and 7.6 liters of other derivatives.
Not all crude oils are created equal.
IS THE GLOBAL OIL CRISIS COMING TO REPEAT? / VIDEO NEWS