Sunday , June 20 2021
Home / Tag Archives: barrel

Tag Archives: barrel

Oil prices may return to $100 per barrel, Bank of America predicts

The price spike could come thanks to improving fundamentals for the commodity and global stimulus measures, the bank said as cited by Bloomberg. Additionally, Bank of America (BofA) earlier revised its 2021 outlook for oil, forecasting that global benchmark Brent may temporarily hit $70 a barrel in the second quarter …

Read More »

Why the price of oil reached only $ 50 per barrel

The price of oil in Brent finally reached $ 45 per barrel. Many experts believe that oil will go up further, reaching the psychologically important level of 50 dollars per barrel. However, further growth is questionable. The beginning of August brought some positive news for the oil market. So, the …

Read More »

Why oil could fall to minus 100 dollars per barrel

There is a possibility that world oil prices will fall to a minus of 100 dollars per barrel. This opinion was expressed by Mizuho Bank oil analyst Paul Sankey, who in March warned of the possibility of negative prices for raw materials. His forecast is based on the dynamics of …

Read More »

Minus 37,63 USD per barrel

Experts explained why there was a collapse of prices for crude oil WTI The price of may futures of WTI crude oil has completed a major auction of Monday on a mark a minus 37.63 USD per barrel, having fallen in price by 300%, RIA “Novosti” with reference to the …

Read More »

French traveller crossed the ocean in a barrel

It took him 122 daysFrench traveler Jean-Jacques Savin crossed the Atlantic in a barrel, it took him 122 days. “The French traveller, 72-year-old Jean-Jacques Savin, before it completed its 122-day trip in a barrel over the Atlantic ocean. He went in December, having sailed from the Canary Islands, and a …

Read More »

Oil prices fell below 47 dollars a barrel

For the month oil has fallen in price on 17%. Oil prices Friday morning fell below $ 47 per barrel. On Friday morning, a barrel of Brent crude oil was worth 46.9 per dollar. Oil fell below $ 47 in late November of last year. In August 2016, the barrel …

Read More »