{"id":23624,"date":"2021-11-08T08:50:47","date_gmt":"2021-11-08T08:50:47","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=23624"},"modified":"2021-11-08T08:50:55","modified_gmt":"2021-11-08T08:50:55","slug":"the-oil-prices-rise-after-the-increase-in-selling-prices-by-saudi-arabia","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=23624","title":{"rendered":"The oil prices rise after the increase in selling prices by Saudi Arabia"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Kyiv.Ukraine.Ukraine Gate \u2013 November 8,2021- Oil prices rose on Monday, November 8, after state-owned Saudi Aramco raised the official selling price of its raw materials to Asia, indicating higher demand while reducing supply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The price of a barrel of Brent oil in January at 9:15 in Kiev was $83.54 (+0.97%). A barrel of WTI crude oil for December was trading at $82.12 (+1.05%). The initial trading in the benchmarks ended at $82.74 and $81.27, respectively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aramco raised the price of light Arab\u00a0oil\u00a0supplies in December to Asia to $ 2.70 a barrel, up $ 1.40 from November, the oil company said Friday night.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Organization of the Petroleum Exporting Countries and its allies agreed last week to stick to a plan to increase oil production by 400,000 barrels per day from December.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">US President Joe Biden has called on OPEC + to extract more to curb rising prices.&nbsp;In addition, Biden stressed on Saturday that his administration has &#8220;other tools&#8221; to deal with rising oil prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Oil imports to China fell to their lowest level in three years in October as state-owned refineries suspended purchases due to rising prices, while independent refineries were restricted in their operations due to oil import quotas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kyiv.Ukraine.Ukraine Gate \u2013 November 8,2021- Oil prices rose on Monday, November 8, after state-owned Saudi Aramco raised the official selling price of its raw materials to Asia, indicating higher demand while reducing supply. The price of a barrel of Brent oil in January at 9:15 in Kiev was $83.54 (+0.97%). A barrel of WTI crude [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":23627,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[349,686,821,996],"class_list":["post-23624","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-economy","tag-oil-prices","tag-saudi-arabia","tag-ukraine"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/23624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23624"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/23624\/revisions"}],"predecessor-version":[{"id":23628,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/23624\/revisions\/23628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/23627"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}