Analysis
2022, November, 25, 11:00:00
OIL PRICE: BRENT BELOW $86, WTI ABOVE $78
Brent rose by 41 cents, or 0.48%, to trade at $85.75 a barrel, WTI went up by 57 cents, or 0.73%, from Wednesday's close to $78.51 a barrel.
2022, November, 25, 10:50:00
EUROPEAN ENERGY PACKAGE
Failure to reach a deal would send a signal that the EU’s united response to the war-driven energy crisis is falling apart -- a political gift for Moscow that Europe is keen to avoid.
2022, November, 25, 10:25:00
U.S. OIL INVENTORIES DOWN BY 3.7 MB TO 431.7 MB
U.S. commercial crude oil inventories decreased by 3.7 million barrels to 431.7 million barrels.
2022, November, 25, 10:20:00
U.S. RIGS UP 2 TO 784
U.S. Rig Count is up 2 from last week to 784, Canada Rig Count is down 7 from last week to 194.
2022, November, 23, 10:40:00
OIL PRICE: BRENT BELOW $89, WTI NEAR $81
Brent dropped 15 cents, or 0.2%, to $88.21 a barrel, WTI lost 9 cents, or 0.1%, to $80.86 a barrel.
2022, November, 23, 10:35:00
EUROPEAN GAS STABILIZATION
Exceptionally mild weather across Northwest Europe since October has led to a sharp drop in gas prices from record levels over the summer.
2022, November, 23, 10:05:00
NORWAY OIL, GAS PRODUCTION 1.950 MBD
Preliminary production figures for October 2022 show an average daily production of 1 950 000 barrels of oil, NGL and condensate.
2022, November, 21, 11:25:00
OIL PRICE: BRENT NEAR $87, WTI NEAR $80
Brent had slipped 74 cents, or 0.8%, to $86.88 a barrel, WTI were at $79.40 a barrel, down 68 cents or 0.9%.
2022, November, 21, 11:20:00
RUSSIAN ENERGY FOR CHINA $60 BLN
Oil imports from Russia rose 16% to 7.72 million tons last month, a volume topped only by Saudi Arabia, according to Chinese customs data.
2022, November, 21, 10:50:00
GLOBAL ENERGY TRANSITION DOESN'T WORK
Comparing a Solar Variable Renewable Energy Farm to an On-Demand Base Load Coal Fired Power Station is like saying you can use tomato sauce to replace vegetables.
2022, November, 21, 10:45:00
U.S. ENERGY TRANSMISSION HAVE TO DOUBLE
Historically in the U.S., transmission infrastructure has expanded annually by about 1%. The study explains the country's transmission infrastructure must expand at a pace of 2.3% annually — more than double its current pace.
2022, November, 21, 10:40:00
U.S. RIGS UP 3 TO 782
U.S. Rig Count is up 3 from last week to 782, Canada Rig Count is up 1 from last week to 201.
2022, November, 18, 11:25:00
OIL PRICE: BRENT NEAR $89, WTI NEAR $82
Brent had edged lower by 13 cents or 0.1% to $89.65 a barrel, WTI rose 13 cents, or 0.2%, to $81.77 a barrel.
2022, November, 18, 11:20:00
EUROPEAN GAS PRICES UPDOWN
Meanwhile, the European Union is continuing talks about ways to limit spikes in gas prices ahead of a meeting of energy ministers next week.
2022, November, 18, 10:40:00
U.S. OIL INVENTORIES DOWN BY 5.4 MB TO 435.4 MB
U.S. commercial crude oil inventories decreased by 5.4 million barrels to 435.4 million barrels.
