Analysis
2022, May, 16, 12:20:00
OIL PRICE: BRENT NEAR $110, WTI NEAR $109
Brent were down $1.42, or 1.3%, at $110.13 a barrel, WTI were $1.10, or 1.0%, lower at $109.39 a barrel.
2022, May, 16, 12:15:00
OPEC OIL PRICE: $112.37
The price of OPEC basket of thirteen crudes stood at $112.37 a barrel on Friday
2022, May, 16, 12:00:00
CHINA'S OIL DOWN TO 12.7 MBD
The crude throughput was the lowest since March 2020 when it was at 11.81 million b/d, following lockdowns after the initial COVID-19 wave.
2022, May, 16, 11:55:00
CHINA COAL PRODUCTION UP
China, the world's top coal producer, mined 362.8 million tonnes of the fuel last month, data from the National Bureau of Statistics showed on Monday, equivalent to 12.09 million tonnes per day.
2022, May, 16, 11:50:00
U.S. CO2 EMISSIONS UP
In 2021, U.S. energy-related carbon dioxide (CO2) emissions increased by 296 million metric tons (MMmt), or 6%, compared with 2020 levels.
2022, May, 16, 11:40:00
SAUDI ARAMCO NET INCOME $39.5 BLN
Aramco announces first quarter 2022 results
Net income: $39.5 billion (Q1 2021: $21.7 billion)
2022, May, 16, 11:30:00
U.S. RIGS UP 9 TO 714
U.S. Rig Count is up 9 from last week to 714, Canada Rig Count is down 3 from last week to 88.
2022, May, 13, 11:50:00
OIL PRICE: BRENT ABOVE $108, WTI ABOVE $106
Brent were up $1.68, or 1.6%, at $109.13 a barrel, WTI climbed $1.40, or 1.3%, to $107.53 a barrel.
2022, May, 13, 11:45:00
OPEC OIL PRICE: $109.02
The price of OPEC basket of thirteen crudes stood at $109.02 a barrel on Wednesday
2022, May, 13, 11:40:00
GLOBAL OIL DEMAND 2022: +3.4 MBD
World oil demand growth in 2022 is expected to increase by 3.4 mb/d y-o-y, representing a downward revision of 0.3 mb/d from last month’s report, with 1.8 mb/d in the OECD and 1.6 mb/d in the non-OECD.
2022, May, 13, 11:15:00
GLOBAL RENEWABLES RECORD 295 GW
The world added a record 295 gigawatts of new renewable power capacity in 2021, overcoming supply chain challenges, construction delays and high raw material prices, according to the IEA’s latest Renewable Energy Market Update.
2022, May, 13, 11:05:00
U.S. OIL INVENTORIES UP BY 8.5 MB TO 424.2 MB
U.S. commercial crude oil inventories increased by 8.5 million barrels to 424.2 million barrels.
2022, May, 12, 14:15:00
OIL PRICE: BRENT ABOVE $105, WTI ABOVE $103
Brent down $2.26, or 2.1%, to $105.25 a barrel, WTI fell $2.45, or 2.3%, to $103.26 a barrel.
2022, May, 11, 11:30:00
OIL PRICE: BRENT NEAR $105, WTI NEAR $102
Brent was up $2.35, or 2.41%, to $104.84 a barrel, WTI climbed $2.2, or 2.24%, to $101.97 a barrel.
2022, May, 11, 11:25:00
OPEC OIL PRICE: $108.18
The price of OPEC basket of thirteen crudes stood at $108.18 a barrel on Tuesday,
