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Economy |
Brent crude oil exceeds $82 for the first time since July 26 |
2024-08-13 |
Direct Translation via Google Translate. Edited. [Regnum] The price of October futures for Brent crude oil exceeded $82 for the first time since July 26. This is evidenced by data from the London ICE exchange from August 12. ![]() As of 21:23 Moscow time, the price of Brent oil was $82.06 per barrel (+3.01%). Then the growth slowed down and the futures price reached $81.92 per barrel by 21:38 Moscow time. WTI crude oil futures for September delivery also rose to $79.08 per barrel (+2.73%). As reported by Regnum News Agency, global demand for oil will continue to grow, Rosneft CEO Igor Sechin noted on June 8 during his speech at the St. Petersburg International Economic Forum. He voiced the OPEC+ forecast, according to which primary demand for oil will grow by almost 20%, to 116 million barrels per day by 2045. Oil will continue to account for about 30% of the global energy balance, Sechin summed up. On July 23, at a meeting with the Chairman of the Accounts Chamber, Boris Kovalchuk, Russian President Vladimir Putin stated that the share of oil and gas revenues in the budget is growing. Related: Brent crude 01/03/2024 Red Sea attacks send oil prices higher over fears of shipping disruptions Brent crude 06/05/2023 Saudi Arabia to sharply slash oil output in bid to pump up prices Brent crude 04/04/2023 Oil prices surge after surprise move to cut output |
Posted by:badanov |
#3 A chart for the past 10 years shows the interesting price crash during the peak of the COVID panic (WTI not Brent). |
Posted by: Lord Garth 2024-08-13 10:08 |
#2 So it’s the same price as 19 days ago? It is not as dramatic if you put it like that. Boring Historical Price chart |
Posted by: SteveS 2024-08-13 00:34 |
#1 So it’s the same price as 19 days ago? |
Posted by: Thing+From+Snowy+Mountain 2024-08-13 00:08 |