Brent slipped 51 cents, or 0.4%, to $73.76 a barrel, WTI were down 42 cents, or 0.6%, at $69.09.

Средняя цена на нефть Urals за период мониторинга с 15 мая по 14 июня 2023 года составила $54,57 за баррель, или $398,3 за тонну. Цена нефти North Sea Dated за этот период – $75,46.

The two players intend to invest up to 4 billion euros or almost $4.4 billion for the development phase of the project to be spent mostly during 2024-2026, which will enable about 100 bcm of natural gas to be brought on stream, turning Romania into – what OMV Petrom deems to be – the largest gas producer in the EU and a net natural gas exporter.

Preliminary production figures for May 2023 show an average daily production of 1 991 000 barrels of oil, NGL and condensate.

U.S. commercial crude oil inventories decreased by 3.8 million barrels to 463.3 million barrels.

Brent dipped 17 cents, or 0.2%, to $75.50 a barrel, WTI dropped 16 cents, also 0.2%, to $70.46 a barrel.

Believe it or not, the concept of reserve power is a foreign one in Texas. The bill passed with a caveat: any increase in costs could not exceed $1 billion annually.

The city council in Austin, Texas is on the verge of signing on to the Fossil Fuel Non-Proliferation Treaty (FFNPT), a global campaign calling on countries to phase out fossil fuel production and help communities make the transition to a renewable energy economy.

U.S. commercial crude oil inventories increased by 7.9 million barrels to 467.1 million barrels.

Brent dropped 35 cents, or 0.5%, to $75.61 a barrel, WTI eased 35 cents, or 0.5%, to $70.94.

Страны-участницы договорились о корректировке уровня добычи нефти с 1 января по 31 декабря 2024 года до 40,46 млн баррелей в сутки.

Adjust the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the DoC to 40.46 mb/d, starting 1 January 2024 until 31 December 2024, which is to be distributed as per the attached table.

The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.

The kingdom’s energy minister Prince Abdulaziz bin Salman, Opec’s de facto leader, made the move as part of a deal in which several weaker African members will have quotas reduced from next year.

U.S. commercial crude oil inventories decreased by 0.5 million barrels to 459.2 million barrels.