The August light, sweet crude contract on NYMEX gained 37¢ on June 26 to settle at $43.38/bbl. The September contract was up 34¢ to close at $43.61/bbl. The NYMEX natural gas price for July gained nearly 10¢ to a rounded $3.03/MMbtu. The Henry Hub cash gas price was $2.98/MMbtu, up 12¢. The Brent crude contract for August on London’s ICE increased 29¢ to $45.83/bbl while the September contract was up 29¢ to $46.04/bbl. The July gas oil contract dropped $1.75 to $409.50/tonne. OPEC’s basket of crudes on June 26 was $43.14/bbl, down 12¢.
The NYMEX July natural gas futures contract settled 1 cent higher at $3.037/MMBtu on Tuesday, as a bullish weather outlook continued to drive up prices.
U.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million b/d in 2016. Exports of distillate, gasoline, propane, and crude oil have all increased, but at different paces and for different reasons.
All in all, in our judgement, the U.S. economic model is not working as well as it could in generating broadly shared income growth.
К 9.14 МСК фьючерсы на нефть сорта Brent поднялись на 1,05 процента до $46,02 за баррель. Фьючерсы на американскую нефть WTI к этому времени торговались у отметки $43,46 за баррель, на 1,05 процента выше предыдущего закрытия.
Фьючерсы на нефть Brent торговались по $45,51 за баррель, на 0,28 процента выше предыдущего закрытия. Фьючерсы на американскую марку WTI повысились на 0,24 процента до $42,98 за баррель.
Total petroleum deliveries in May moved up by 4.9 percent from May 2016 to average 20.1 million barrels per day. These were the highest May deliveries in 10 years, since 2007, and the highest deliveries for any months in over 9 years, since January 2008. Compared with April 2017, total domestic petroleum deliveries, a measure of U.S. petroleum demand, increased 2.7 percent. For year-to-date, total domestic petroleum deliveries moved up 1.5 percent compared to the same period last year.
U.S. Rig Count is up 520 rigs from last year's count of 421, with oil rigs up 428, gas rigs up 93, and miscellaneous rigs down 1 to 0. Canadian Rig Count is up 94 rigs from last year's count of 76, with oil rigs up 62, gas rigs up 33, and miscellaneous rigs down 1 to 0.
According to Tatiana Mitrova, head of the oil and gas research department at the Energy Research Institute of the Russian Academy of Sciences, there will be no need for new Russian LNG or pipeline gas to Asia until 2025.
Preliminary production figures for May 2017 show an average daily production of 1 980 000 barrels of oil, NGL and condensate, which is a decrease of 128 000 barrels per day compared to April.