How much was the price of Brent oil? (December 6, 2022 oil prices) – Last Minute Economy News

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Brent oil How many dollars?

Brent oil is traded on international markets at $83.27 a barrel.

The barrel price of Brent oil, which rose to $88.44 yesterday, closed the day at $82.68. The price of Brent crude oil rose 0.71 percent from its closing date at 9:45 a.m. today to $83.27. In the same minutes, West Texas-type (WTI) crude found buyers at $77.48 a barrel.

Profit purchases in the markets after yesterday’s decline fed into the price increase.

While there are concerns that the US Federal Reserve will continue to raise rates for longer than expected following the US veri announced yesterday, the intense macroeconomic veri flow continues to impact oil prices around the world.

On the other hand, measures to optimize the epidemic measures observed in many major cities after the protests against the Covid-19 measures in China, remove concerns about the country’s economy and oil demand and support the Prices.

The European Union countries’ import ban on overseas crude oil from Russia and the $60 per barrel price cap, which took effect yesterday, are exacerbating supply concerns in the markets and contributing to the rise in prices.

It is argued that technically the range from $83.54 to $84.15 in Brent oil yaşama gökyeşitözü viewed kakım a resistance and the range from $82.93 to $82.32 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. 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.

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