The prices of oil They uploaded on Friday promoted by the possibility of a reinforcement of US sanctions against Moscow and Tehran and taking advantage of a technical rebound after several downward sessions. The price of the barrel of Brent From the North Sea, for delivery in May, it rose 1.30% to 70.36 dollars. Its […]
Tag: oil
Economic concerns lead to crude oil in the US
He oil that is quoted in New York stabilized after immersing himself again at the level of US $ 60 because an adverse economic panorama threatens energy demand perspectives and takes investors to avoid the most risky assets. The Futures of the West Texas Intermediate traded near US $ 69 a barrelafter Fall 2.5% on […]
Petroperú on FCK of Talara refinery unit: “Adjust its load according to market conditions”
A few months ago, Petroperú President Alejandro Narváez said that the new Talara refinery (NRT) was in the integrated operational optimization stage. That is, all its units produced fuels to meet the demand of the national market. However, the state oil company has been receiving a series of questions regarding the operation of the flexicoking […]
Petroperú foresees a net profit of US $ 137 million for this year
After completing 100 days of management, Petroperú President Alejandro Narváez presented the financial results of 2024. Although it was estimated that the state oil company reached a net loss of US $ 1,030 million at the end of last year, the truth is that the figure has been lower: US $ 804.9 million. “There is […]
OPEC projects an increase in oil demand in 2025
OPEC continues to project a rise in demand for oil In 2025 and 2026, driven by transport and an increase in air traffic, said the organization of crude oil export countries in a monthly report published Wednesday. Global oil consumption will rise to 105.1 million barrels per day (MBD) in 2025, after reaching 103.75 MBD […]
Lot 95: New adjustments to the contract between Perupetro and Petrotal approve
Executive Branch approved to modify the contractual terms for the operation of lot 95 (Loreto) between Petrotal and Perupetro. He Government approved the modification of the license contract for the exploration and exploitation of hydrocarbons in lot 95 located in Loreto, one of the main spotlights of investment in the hydrocarbon industry in the country. […]
Brent falls 0.43% to US $ 74.29
The barrel of oil Brent for delivery in April this Thursday receded 0.43%, up to $ 74.29, at the close of the session in the London futures market. The North Sea crude, reference in Europe, decreased US $ 0.32 with respect to its last session at the Intercontinental Exchange (ICE), where it closed at US […]
Peru and Chile would lead the demand for “new oil” in the coming years
As the world advances towards reducing its dependence on fossil fuels, copper emerges as a fundamental resource for electrification and development of Renewable technologiesto the point of being called by Chilean media as the “new oil” of modern economies. “It is not exactly like that. The energy transition requires copper, molybdenum, lithium and rare earths, […]
The end of oil licenses, a threat that looms over Venezuela
The oil production of Venezuelawhich grew 17.6 % last year, run, according to expert Luis Oliveros, the risk of retreating if the new government of USAheaded by Donald Trumpit hardens the sanctions scheme against Caracas, with the suspension of licenses to foreign companies, a threat that looms over the Caribbean country after recent statements from […]
Oil prices fall after US inventories rise
Oil prices, which had been in the green due to fears of a wider conflict in the Middle East between Israel and Iran, lost ground again on Wednesday after a slight increase in crude inventories in the United States. The price of a barrel of North Sea Brent crude oil, for delivery in October, fell […]