1. The settlement price of WTI crude oil futures in June increased by 3.56%to $ 114.20/barrel; Brent in July crude oil futures settlement price increased by 2.10%to $ 113.89/barrel.
2. Saudi Arabia announced that it will continue to increase crude oil production capacity, which will increase crude oil production capacity to 13.2 million to 13.4 million barrels per day from 2026 to 2027.
3. Market news said that Russia will reduce the tariffs on oil exports from June 1 to $ 44.8 per ton.
4. Minister of Petroleum Iraq said that it is planned to increase the output to 6 million barrels per day by the end of 2027.
Post time: May-17-2022