OPEC’s exports account for nearly 50% of all the world’s crude exports, and the organization and its allies hold almost 80% of the world’s oil reserves.
According to a Reuters report, rather than seeking Lukoil’s entire global asset base, Chevron is considering only the operations that overlap with its existing business.
Brent crude prices rose 1.4% to $63.90 per barrel at the time of writing, while West Texas Intermediate crude prices gained 90 cents, closing in on $60 per barrel.
Benchmark Brent crude prices fell 0.5% to $67.56 per barrel, while U.S. West Texas Intermediate prices also declined 40 cents to $63.64 per barrel at 3.42 a.m. ET.
Benchmark Brent crude prices fell 0.5% to $68.16 per barrel, while U.S. West Texas Intermediate prices also declined 0.5% to $64.21 per barrel at 4.13 a.m. ET.
Benchmark Brent crude prices fell 16 cents to $67.28 per barrel, while U.S. West Texas Intermediate prices also declined 0.3% to $63.14 per barrel at 4.36 a.m. ET.
Benchmark Brent crude prices rose 1.1% to $66.20 per barrel, while U.S. West Texas Intermediate prices gained 1.1% to $62.56 per barrel at 1.39 a.m. GMT.
Benchmark Brent crude prices fell 0.3% to $68.95 per barrel, while U.S. West Texas Intermediate prices fell 18 cents to $65.40 per barrel at 4.35 a.m. ET.
