Oil
2023, June, 9, 06:10:00
U.S. WILL BUY 3 MB
The Department of Energy (DOE) announced today that it will purchase up to 3 million barrels of oil for the Strategic Petroleum Reserve (SPR)
2023, June, 9, 06:05:00
U.S. OIL INVENTORIES DOWN BY 0.5 MB TO 459.2 MB
U.S. commercial crude oil inventories decreased by 0.5 million barrels to 459.2 million barrels.
2023, June, 9, 06:00:00
WORLDWIDE RIG COUNT DOWN 25 TO 1,783
The Worldwide Rig Count for May was 1,783, down 25 from the 1,808 counted in April 2023, and up 155, from the 1,628 counted in May 2022.
2023, June, 2, 07:00:00
OIL PRICE: BRENT ABOVE $74, WTI ABOVE $70
Brent rose 34 cents, or 0.46% to $74.62 a barrel, WTI rose 30 cents, or 0.43%, to $70.40.
2023, June, 2, 06:25:00
OIL ENTROPY
Voluntary production cuts by some members of OPEC is due this coming month. Russia lifts levy on Oil & Gas firms amid G7 Price cap on Crude Oil.
2023, June, 2, 06:05:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 459.7 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels to 459.7 million barrels.
2023, May, 26, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI ABOVE $71
Brent fell 30 cents to $75.96 a barrel, WTI was down by 14 cents at $71.69 a barrel.
2023, May, 26, 06:55:00
OPEC+ RUSSIA: NO CHANGES
Earlier this year Russia introduced a voluntary cut of 500,000 b/d from March after EU sanctions on imports of most Russian oil and G7 price caps came into force.
2023, May, 26, 06:25:00
NORWAY OIL, GAS PRODUCTION 2.035 MBD
Preliminary production figures for April 2023 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.
2023, May, 26, 06:20:00
U.S. OIL INVENTORIES DOWN BY 12.5 MB TO 455.2 MB
U.S. commercial crude oil inventories decreased by 12.5 million barrels to 455.2 million barrels.
2023, May, 19, 07:00:00
OIL PRICE: BRENT ABOVE $76, WTI ABOVE $72
Brent rose 59 cents, or 0.8%, to $76.45 a barrel, WTI climbed 48 cents, or 0.7%, to $72.34.
2023, May, 19, 06:15:00
U.S. OIL INVENTORIES UP BY 5.0 MB TO 467.6 MB
U.S. commercial crude oil inventories increased by 5.0 million barrels to 467.6 million barrels.
2023, May, 19, 06:10:00
U.S. OIL INVENTORIES UP BY 3.0 MB TO 462.6 MB
U.S. commercial crude oil inventories increased by 3.0 million barrels to 462.6 million barrels.
2023, May, 5, 18:30:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $71
Brent rose $2.61, or 3.6%, to $75.11 a barrel, WTI was up $2.70, or 3.9%, at $71.26.
2023, April, 28, 07:00:00
OIL PRICE: BRENT NEAR $79, WTI ABOVE $75
Brent rose 44 cents, or 0.6%, to $78.81 a barrel, WTI was up 40 cents, or 0.5%, at $75.16 a barrel.
