Tag: Brent

OPEC maintains oil demand estimate for 2024 despite uncertainties

OPEC maintains oil demand estimate for 2024 despite uncertainties

Referring to oil production of the OPECthe report speaks of 27.0 mbd in 2023, 2.6% less than 2022. In case of Venezuelathe only Latin American country in the group, the production has increased 8.8% between 2022 and 2023, from 688,000 barrels per day to 749,000 barrels, according to independent sources cited by the OPEC. Saudi […]

The dollar started the day above $3,950, following 2023 inflation data

The dollar started the day above $3,950, following 2023 inflation data

The opening value of the us currency It was $3,942. In turn, the minimum price is $3,942, while the maximum price is $3,960. The behavior of the coin increases after learning that the inflation in Colombia continued its decline. For December 2023, the annual indicator was 9.28% National Administrative Department of Statistics (Deen) through the […]

Oil rises 2% on concerns about the Middle East crisis

Oil rises 2% on concerns about the Middle East crisis

He Israeli government has indicated that it is an offensive against Hamas in the Gaza Strip will continue into 2024, raising concerns among investors about the possibility of the conflict spreading across the region and affecting crude oil trade. Analysts will be paying attention to US inventory data released today by The New York Times […]

The dollar opens higher and hits $4,000 again

The dollar opens higher and hits $4,000 again

This is the third month in a row that the number of people has fallen jobs available, a situation that experts say could reflect a cooling of the labor market as a result of the eleven tariff increases applied by the government fed to lower prices. For example, the number of new employees in October […]

The dollar maintains a downward trend this Tuesday

The dollar maintains a downward trend this Tuesday

When the first operations opened, it fluctuated between a maximum price of $4,029.00 and a minimum of $4,024.00. The future of the price of a barrel of Brent oil, a reference for Colombia, fall in opened the day up $0.32, or 0.39%, to $82.00 a barrel, while West Texas Intermediate (WTI) crude lost $0.33, or […]

The dollar is trading below $4,050 this Friday

The dollar is trading below $4,050 this Friday

“He Federal Market Committee Open (F.O.M.Cin English) aims to achieve a monetary policy restrictive enough to reduce inflation to 2% over time, and we are not confident that we have achieved that position,” Powell said at a roundtable on the fiscal policy, organized by the International Monetary Fund (IMF). So if it is appropriate to […]

The dollar started Thursday below $4,100

The dollar started Thursday below $4,100

The opening value of the us currency It was $4,050. In turn, the minimum price is $4,039, while the maximum price is $4,067.78. This behavior occurs after the president of the Federal Reserve by United States (Fed), Jerome Powellwill confirm this Wednesday that interest rates will remain high for as long as necessary, until the […]

Oil prices drop by more than 3% due to fears of a conflict in Israel

Oil prices drop by more than 3% due to fears of a conflict in Israel

He Crude oil from the North Seareference Europeended the day in the International stock futures down $2.93 compared to the last negotiation, when it closed at $90.38. The price of Brent fell as market fears about an expansion of the conflict between the two subsided Israel and Hamas, which analysts say could impact supply in […]

The dollar is approaching the $4,000 mark after the regional elections

The dollar is approaching the $4,000 mark after the regional elections

In turn, the minimum price of the us currency It hits $4,010 while the maximum is $4,060. This downward behavior occurs after the election results are known. The mayors of Bogota, MedellinCali and Barranquilla were left in the hands of opponents or candidates unrelated to the president’s administration Gustavo Petro. For his part, Wall Street […]

The dollar is trading higher, opening at an average price of $4,223

The dollar is trading higher, opening at an average price of $4,223

After the stock market closes, the technology companies will announce their results IBM And Goal. About 25% of companies in the S&P500 have posted profits in the third quarter so far. Of those companies, 78% exceeded expectations, according to CNBC. By sector, the biggest gains were for energy and public services, which rose 0.33% and […]

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