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Tag Archives: Mohammad Sanusi Barkindo

Brent Crude Oil Hits $53 Per Barrel

Brent crude soared 2.3% to $53.00 a barrel on Monday at around 07:00 AM GMT, amid hopes that OPEC+ may cap output at current levels in February at a meeting later in the day as the COVID-19 pandemic continues to cast a shadow over oil demand. OPEC+ was forced to …

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Oil Prices Fall $45/barrel as OPEC Ministers Meet Tuesday

Oil prices came under pressure on Monday, with WTI crude falling towards $45 a barrel on doubts whether OPEC and other oil-exporting countries could agree in postpone its planned production increase in January. The cartel is due to meet this week to discuss such move in the light of a …

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