OPEC

Oil prices fell on Thursday, extending losses from the previous session, amid rising US crude inventories and OPEC's forecast of supply exceeding demand in 2026. Brent is at $62.71 a barrel, and WTI is at $58.46 a barrel.

A significant portion of the increase in oil volume on tankers since late August comes from sanctioned countries. This indicates disruptions in oil trade and threatens the revenues of sanctioned oil-producing states.

Brent and WTI crude futures fell by 0. 4% and 0.5% respectively, due to oversupply concerns. This happened despite uncertainty about the impact of US sanctions on Russian oil companies and optimism about the resumption of the US government's work.

Oil prices are falling for the second consecutive week due to supply exceeding demand. US crude oil inventories rose by 5.2 million barrels, exacerbating oversupply concerns and price drops.

Oil prices rose on Thursday after hitting two-week lows, with Brent and WTI futures increasing by 0. 27% and 0.3% respectively. Easing sanctions and OPEC+'s production plan influenced the market, but demand concerns persist.

Brent and WTI crude futures fell amid a general downturn in financial markets and a strengthening US dollar. Investors assessed supply prospects and growing US oil inventories.

Brent crude futures rose 0. 37% to $65.01 a barrel, and West Texas Intermediate rose 0.34% to $61.19. This happened after OPEC+ decided to suspend production increases in the first quarter of next year, easing fears of an oversupply.

OPEC+ is preparing to approve a small increase in oil production in December, in line with its strategy of gradually restoring volumes. The decision will be made at an online meeting on Sunday, despite falling oil prices and sanctions against Russian companies.

Brent and WTI crude oil prices fell by 0. 55% and 0.71% respectively, heading for their third monthly decline. A strengthening dollar and a slowdown in manufacturing activity in China affected the market, while increased supply from OPEC+ and the US offset the impact of sanctions.

Oil prices fell on Thursday, despite US President Donald Trump's announcement of tariff reductions for China. Brent and WTI crude futures fell by 0.31% and 0.33% respectively.

Brent crude futures fell 7 cents to $64. 33 a barrel. U.S. West Texas Intermediate crude futures fell 7 cents to $60.08.

Brent and WTI crude oil prices slightly decreased amid OPEC+ plans to increase production and optimism regarding a trade agreement between the US and China. Investors are also assessing the effectiveness of sanctions against Russia.

OPEC+ is preparing a moderate increase in oil production of 137,000 barrels per day in December, as part of a phased restoration of volumes. This decision takes into account the oversupply and falling demand in China, as well as the desire to regain lost market share.

The volume of oil on global tankers has reached 1. 4 billion barrels, the highest figure since 2016. Experts predict a further decline in prices due to record reserves and increased production.

US President Donald Trump this week imposed sanctions on Rosneft and Lukoil, using the surplus of oil on the global market to weaken Russia's war chest. This move was made possible by a significant drop in global oil prices, which allowed Washington to more aggressively target Russian oil.

Kuwait states OPEC's readiness to increase oil production if demand rises, especially after new US sanctions against Russian energy companies. The price of Brent crude rose by more than 5%, reaching $66 per barrel.

Brent and WTI crude futures jumped 3% after the US imposed sanctions on Rosneft and Lukoil, forcing Indian buyers to reconsider purchases. This caused oil prices to rise, but experts doubt a long-term structural shift in the market.

The Norwegian company Var Energi expects the global oil market to stabilize in 2026, with prices above $60 per barrel. The deficit of investments in production is named as a key factor supporting prices.

Brent and WTI crude futures fell amid oversupply concerns and demand risks. Analysts predict an oil surplus until 2026, which could lead to further price declines.

Oil prices rose on Tuesday as early signs of easing trade tensions between the US and China boosted market sentiment. Brent crude futures rose 0.4% to $63.54 a barrel, while US WTI rose 0.4% to $59.71 a barrel.

Oil prices rose by about 1. 5% after OPEC+ announced a smaller-than-expected production increase of 137,000 barrels per day from November. Analysts expect short-term gains to be limited by weak demand and seasonal declines.

OPEC+ countries have agreed to increase oil production by 137,000 barrels per day from November to regain market share. This decision was made despite differing views between Russia and Saudi Arabia on the volume of the increase.

Russia's oil revenues in September fell by 20% compared to last year, amounting to 483. 5 billion rubles. This is due to falling world oil prices and a strengthening ruble.

Oil prices rose on Friday after four consecutive sessions of declines. Market expectations for increased OPEC+ production led to the steepest weekly drop since late June.

Brent and WTI crude futures rose by 0. 31% and 0.32% respectively, after falling for the previous three sessions. The increase is due to the potential tightening of sanctions on Russian oil and WTI approaching the $60 support level.

Brent and WTI crude futures rose by 28 and 26 cents respectively after two days of declines. Investors are assessing OPEC+'s plans to increase production and the consequences of the US government shutdown.

Brent and WTI crude futures fell after the resumption of crude oil exports from Iraqi Kurdistan through Turkey. OPEC plans another increase in oil production in November, which will increase global supplies.

India has appealed to the United States to allow the import of Iranian and Venezuelan oil to compensate for reduced purchases of Russian crude. New Delhi emphasizes the need to maintain the country's energy security and curb the rise in global energy prices.

Oil prices are falling for the fifth consecutive day due to an agreement between Iraq and Kurdistan to resume operation of the oil pipeline. Investors are concerned about a possible oversupply in the global market.

Oil prices fell on Friday as concerns about US fuel demand outweighed expectations of a Fed interest rate cut. Brent futures fell to $67.29 a barrel, and WTI to $63.34.