Al-Fares spoke ahead of a virtual meeting of the Organisation of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, the agency said.
OILMONSTER.COM- Kuwait Oil Minister Mohammad Abdulatif al-Fares said on Tuesday global demand for crude oil “improved noticeably” as a result of COVID-19 vaccine rollouts and economic stimulus in major economies, the state-run Kuwait News Agency reported.
Al-Fares spoke ahead of a virtual meeting of the Organisation of the Petroleum Exporting Countries and its allies, known collectively as OPEC+, the agency said.
“OPEC’s policy is to deal carefully with the latest market developments,” he said.
Courtesy: www.reuters.com
| United States Crude Oil Prices | |||
|---|---|---|---|
| COMMODITY | PRICE | CHANGE | |
| Alabama Heavy Asphaltic Sour | 66.42 | +0.19 | |
| Alabama Light Sour | 73.80 | +0.21 | |
| Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
| Alabama Light Sweet | 78.80 | +0.21 | |
| Alabama/ Florida Panhandle | 77.12 | +0.30 | |
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