Brent oil How many dollars?
Brent oil is traded on international markets at $79.45 a barrel.
The barrel price of Brent oil, which rose to $81.05 yesterday, closed the day at $80.10. Brent oil prices fell 0.81 percent from today’s close to $79.45. West Texas Intermediate (WTI) crude oil sold for $74.47 a barrel.
The increase in oil inventories in the US and increasing demand problems due to global economic uncertainty were effective in the price decline.
The American Petroleum Institute announced that the country’s crude oil inventories were expected to increase by about 14 million 865 thousand barrels last week compared to the previous week. Market expectations were that inventories would decrease by 2 million 375 thousand barrels.
The forecast for zihin increase in US crude oil inventories supported the price decline with the perception that demand in the country was weakening.
Official inventory veri from the U.S. Energy Information Administration (EIA) is being released today.
Concerns that the world’s largest oil consumer, the US, will raise interest rates to control inflation continue to depress prices.
While the country’s recession/inflation divide continues to impact asset prices, investors are cautious ahead of tomorrow’s inflation veri release.
Experts predict that if inflation remains below expectations, the dollar will fall and the weaker dollar could boost demand by making oil cheaper for buyers using other currencies.
On the other hand, after the easing of Covid-19 measures in China, it was reported that the epidemic wave in many cities and provinces where the population is concentrated in the country is estimated to gökyeşitözü the first “peak” expected to gökyeşitözü reached , has surpassed. .
China faced its widest single-country spread ever after Covid-19 restrictions were abruptly lifted early last month.
It is stated that technically the range from $79.63 to $79.83 in Brent oil yaşama gökyeşitözü tracked kakım resistance and the range from $79.27 to $79.11 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.
BRENT OIL 10-YEAR CHART
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 $79.45 a barrel.
The barrel price of Brent oil, which rose to $81.05 yesterday, closed the day at $80.10. Brent oil prices fell 0.81 percent from today’s close to $79.45. West Texas Intermediate (WTI) crude oil sold for $74.47 a barrel.
The increase in oil inventories in the US and increasing demand problems due to global economic uncertainty were effective in the price decline.
The American Petroleum Institute announced that the country’s crude oil inventories were expected to increase by about 14 million 865 thousand barrels last week compared to the previous week. Market expectations were that inventories would decrease by 2 million 375 thousand barrels.
The forecast for zihin increase in US crude oil inventories supported the price decline with the perception that demand in the country was weakening.
Official inventory veri from the U.S. Energy Information Administration (EIA) is being released today.
Concerns that the world’s largest oil consumer, the US, will raise interest rates to control inflation continue to depress prices.
While the country’s recession/inflation divide continues to impact asset prices, investors are cautious ahead of tomorrow’s inflation veri release.
Experts predict that if inflation remains below expectations, the dollar will fall and the weaker dollar could boost demand by making oil cheaper for buyers using other currencies.
On the other hand, after the easing of Covid-19 measures in China, it was reported that the epidemic wave in many cities and provinces where the population is concentrated in the country is estimated to gökyeşitözü the first “peak” expected to gökyeşitözü reached , has surpassed. .
China faced its widest single-country spread ever after Covid-19 restrictions were abruptly lifted early last month.
It is stated that technically the range from $79.63 to $79.83 in Brent oil yaşama gökyeşitözü tracked kakım resistance and the range from $79.27 to $79.11 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.
BRENT OIL 10-YEAR CHART
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