Brent oil trades in international markets at $90.89 a barrel.
The barrel price of Brent oil, which rose to $92.48 yesterday, closed the day at $91.74.
The barrel price of Brent oil fell 0.93 percent from the close to $ 90.89.
West Texas Intermediate (WTI) crude sold for $84.67 a barrel.
PRICES WILL KEEP FLOWING
The fall in prices was the result of demand concerns, which gained ground in the markets.
The American Petroleum Institute announced that the country’s crude oil inventories are expected to increase by about 4 million 520 thousand barrels last week compared to the previous week. The market expectation was that inventories would increase by about 200,000 barrels.
The forecast for zihin increase in the crude oil inventories of the US, the world’s largest oil producer and consumer, gave the impression that demand in the country was low, causing prices to fall.
Official oil inventory veri from the US Energy Information Administration is released today.
On the other hand, the OPEC+ group, which consists of the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producing countries, will reduce 2 million barrels in daily oil production from November, and the European Union will increase the supply reducing crude oil from Russia by sea under the sixth sanctions package. Plans to cut it on December 5 are raising concerns about supply in the markets. This situation continues to push up prices.
Experts argue that current price swings will continue due to recession expectations and the uncertainties in world markets caused by the war between Russia and Ukraine.
It is said that technically the range of $91.21 to $91.88 in Brent oil yaşama gökyeşitözü followed kakım resistance and the range from $90.54 to $89.87 kakım a support zone.
WHAT IS BRENT GASOLINE?
It is oil that drives the world oil market. Also known kakım London Brent or Brent Blend. Called “Brent Goose” by the issuing company Shell, it contains 0.37% sulfur, putting Brent Petroleum in the “sweet oil” category, which is easier to process.
For refineries that process crude oil, it is easier to produce gasoline or diesel fuel from low sulfur, ie 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. It also facilitates direct shipping to remote areas by sea kakım it is shipped from the sea.
For the price of oil it is important 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 sea and oil extracted from land.
Types of crude oil accepted kakım benchmarks are WTI (Western Texas Intermediate), Brent and Oman, WTI oil is traded on NYMEX, Brent oil is traded on ICE and Oman oil is traded on DME. WTI is the name given to oil extracted from Central America, Brent oil from the North Sea and Oman oil from the Middle East.
10-YEAR GRAPH OF BENT OIL
HOW MANY LITERS OF BRENTO OIL IS A BARREL?
According to the veri on the CMB website; One barrel of oil is equal to 42 gallons of crude oil (159 liters).
19.6 gallons of gasoline, 10 gallons of diesel and heating fuel, 4 gallons of jet fuel, 1.7 gallons of heavy fuel oil, 1.7 gallons of LPG, and 7.6 gallons of other derivatives yaşama gökyeşitözü produced from a barrel of crude oil.
Not all crude oils are created equal.
HAS THE GLOBAL OIL CRISIS REPEAT? / VIDEO NEWS
The barrel price of Brent oil, which rose to $92.48 yesterday, closed the day at $91.74.
The barrel price of Brent oil fell 0.93 percent from the close to $ 90.89.
West Texas Intermediate (WTI) crude sold for $84.67 a barrel.
PRICES WILL KEEP FLOWING
The fall in prices was the result of demand concerns, which gained ground in the markets.
The American Petroleum Institute announced that the country’s crude oil inventories are expected to increase by about 4 million 520 thousand barrels last week compared to the previous week. The market expectation was that inventories would increase by about 200,000 barrels.
The forecast for zihin increase in the crude oil inventories of the US, the world’s largest oil producer and consumer, gave the impression that demand in the country was low, causing prices to fall.
Official oil inventory veri from the US Energy Information Administration is released today.
On the other hand, the OPEC+ group, which consists of the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producing countries, will reduce 2 million barrels in daily oil production from November, and the European Union will increase the supply reducing crude oil from Russia by sea under the sixth sanctions package. Plans to cut it on December 5 are raising concerns about supply in the markets. This situation continues to push up prices.
Experts argue that current price swings will continue due to recession expectations and the uncertainties in world markets caused by the war between Russia and Ukraine.
It is said that technically the range of $91.21 to $91.88 in Brent oil yaşama gökyeşitözü followed kakım resistance and the range from $90.54 to $89.87 kakım a support zone.
WHAT IS BRENT GASOLINE?
It is oil that drives the world oil market. Also known kakım London Brent or Brent Blend. Called “Brent Goose” by the issuing company Shell, it contains 0.37% sulfur, putting Brent Petroleum in the “sweet oil” category, which is easier to process.
For refineries that process crude oil, it is easier to produce gasoline or diesel fuel from low sulfur, ie 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. It also facilitates direct shipping to remote areas by sea kakım it is shipped from the sea.
For the price of oil it is important 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 sea and oil extracted from land.
Types of crude oil accepted kakım benchmarks are WTI (Western Texas Intermediate), Brent and Oman, WTI oil is traded on NYMEX, Brent oil is traded on ICE and Oman oil is traded on DME. WTI is the name given to oil extracted from Central America, Brent oil from the North Sea and Oman oil from the Middle East.
10-YEAR GRAPH OF BENT OIL
HOW MANY LITERS OF BRENTO OIL IS A BARREL?
According to the veri on the CMB website; One barrel of oil is equal to 42 gallons of crude oil (159 liters).
19.6 gallons of gasoline, 10 gallons of diesel and heating fuel, 4 gallons of jet fuel, 1.7 gallons of heavy fuel oil, 1.7 gallons of LPG, and 7.6 gallons of other derivatives yaşama gökyeşitözü produced from a barrel of crude oil.
Not all crude oils are created equal.
HAS THE GLOBAL OIL CRISIS REPEAT? / VIDEO NEWS