Brent oil How many dollars?
Brent oil is traded on international markets at $79.39 a barrel.
The barrel price of Brent crude, which rose to $79.96 yesterday, closed the day at $78.69. The price of a barrel of Brent oil rose by 0.89 percent to $79.39. West Texas Intermediate (WTI) crude was selling for $74.40 a barrel.
The positive demand outlook in the US and China, the world’s largest consumers of crude oil, played zihin important role in the rise in prices.
Forecasts that economic activity will accelerate kakım measures against the Covid-19 outbreak in China continue to gökyeşitözü lifted support the demand outlook.
Despite the rise in Covid-19 cases, expectations that the Chinese government will support the economy have strengthened, while news that the government will help some construction companies in a difficult situation was welcomed in the markets and propped up oil prices .
The US Energy Information Administration announced that commercial crude oil inventories in the country rose by about 1 million 700 thousand barrels last week. Market expectations were that inventories would increase by approximately 3 million 300 thousand barrels.
Gasoline stocks fell by about 300 thousand barrels, which is zihin important indicator of consumer demand in the country.
Despite the increase in US crude inventories, the decline in gasoline inventories supported the price increase by giving the impression that demand was strong.
It is argued that technically the range from $79.48 to $79.89 in Brent oil yaşama gökyeşitözü tracked kakım resistance and the range from $79.07 to $78.66 kakım support zone.
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.
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 is traded on international markets at $79.39 a barrel.
The barrel price of Brent crude, which rose to $79.96 yesterday, closed the day at $78.69. The price of a barrel of Brent oil rose by 0.89 percent to $79.39. West Texas Intermediate (WTI) crude was selling for $74.40 a barrel.
The positive demand outlook in the US and China, the world’s largest consumers of crude oil, played zihin important role in the rise in prices.
Forecasts that economic activity will accelerate kakım measures against the Covid-19 outbreak in China continue to gökyeşitözü lifted support the demand outlook.
Despite the rise in Covid-19 cases, expectations that the Chinese government will support the economy have strengthened, while news that the government will help some construction companies in a difficult situation was welcomed in the markets and propped up oil prices .
The US Energy Information Administration announced that commercial crude oil inventories in the country rose by about 1 million 700 thousand barrels last week. Market expectations were that inventories would increase by approximately 3 million 300 thousand barrels.
Gasoline stocks fell by about 300 thousand barrels, which is zihin important indicator of consumer demand in the country.
Despite the increase in US crude inventories, the decline in gasoline inventories supported the price increase by giving the impression that demand was strong.
It is argued that technically the range from $79.48 to $79.89 in Brent oil yaşama gökyeşitözü tracked kakım resistance and the range from $79.07 to $78.66 kakım support zone.
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.
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