Brent oil How many dollars?
Brent oil is traded on international markets at $84.13 a barrel.
The barrel price of Brent crude, which rose to $87.48 yesterday, closed the day at $84.5. The barrel price of Brent oil fell 0.44 percent to $84.13 kakım of 9:58 a.m. today, compared to the close. In the same minutes, West Texas (WTI) type crude found buyers at $77.47 a barrel.
Monetary policy decisions by the US Federal Reserve (Fed) and investor caution to gökyeşitözü announced tomorrow ahead of the meeting of the Organization of Petroleum Exporting Countries (OPEC) and the OPEC+ Group, comprising some non-OPEC producing countries , were effective in the fall in prices.
While the 25 basis point rate hike is considered certain by the Fed, markets are concerned that further rate hikes will slow the global economy and weaken oil demand. This, in turn, causes a fall in the price of oil.
On the other hand, the OPEC+ group will meet online on February 1 to review its production policy.
OPEC+ countries decided at the October 5, 2022 meeting to reduce their daily oil production by 2 million barrels from November 2022.
The European Union embargo on Russian refining of petroleum products takes effect on February 5. On the same day, the G7 countries are expected to implement the application of the price ceiling for these products.
It is stated that technically the range from $84.20 to $84.38 in Brent oil yaşama gökyeşitözü tracked kakım resistance, and the range from $84.02 to $83.84 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.
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 $84.13 a barrel.
The barrel price of Brent crude, which rose to $87.48 yesterday, closed the day at $84.5. The barrel price of Brent oil fell 0.44 percent to $84.13 kakım of 9:58 a.m. today, compared to the close. In the same minutes, West Texas (WTI) type crude found buyers at $77.47 a barrel.
Monetary policy decisions by the US Federal Reserve (Fed) and investor caution to gökyeşitözü announced tomorrow ahead of the meeting of the Organization of Petroleum Exporting Countries (OPEC) and the OPEC+ Group, comprising some non-OPEC producing countries , were effective in the fall in prices.
While the 25 basis point rate hike is considered certain by the Fed, markets are concerned that further rate hikes will slow the global economy and weaken oil demand. This, in turn, causes a fall in the price of oil.
On the other hand, the OPEC+ group will meet online on February 1 to review its production policy.
OPEC+ countries decided at the October 5, 2022 meeting to reduce their daily oil production by 2 million barrels from November 2022.
The European Union embargo on Russian refining of petroleum products takes effect on February 5. On the same day, the G7 countries are expected to implement the application of the price ceiling for these products.
It is stated that technically the range from $84.20 to $84.38 in Brent oil yaşama gökyeşitözü tracked kakım resistance, and the range from $84.02 to $83.84 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.
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