All publications by tag «oil»
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2021, October, 15, 09:20:00
U.S. OIL INVENTORIES UP BY 6.1 MB TO 427.0 MB
U.S. commercial crude oil inventories increased by 6.1 million barrels from the previous week to 427.0 million barrels.
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2021, October, 14, 13:35:00
OIL PRICE: NEAR $84 AGAIN
Brent gained 67 cents, or 0.8%, to $83.85 a barrel. WTI climbed 62 cents, or 0.8%, to $81.06 a barrel.
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2021, October, 14, 13:05:00
MORE RUSSIAN OIL
Russia's crude production targets under the OPEC+ accord are 9.809 million b/d in October and 9.913 million b/d in November, though it has regularly pumped in excess of its quota.
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2021, October, 14, 13:00:00
OPEC + RUSSIA 400 TBD
The OPEC+ alliance has agreed to increase production by 400,000 b/d through the end of 2022, aiming to eliminate the historic cuts it implemented through the pandemic by late in the year
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2021, October, 14, 12:55:00
OIL PRICES 2021-22: $81-$72
We expect Brent prices will remain near current levels for the remainder of 2021, averaging $81/b during the fourth quarter of 2021. In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining from current levels to an annual average of $72/b.
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2021, October, 13, 12:20:00
OIL PRICE: NEAR $83 ANEW
Brent was up 1 cent at $83.66 a barrel. WTI fell 50 cents, or 0.6%, to $80.02.
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2021, October, 12, 17:05:00
OIL PRICE: NEAR $84 ANEW
Brent was up 1 cent at $83.66 a barrel. WTI fell 50 cents, or 0.6%, to $80.02.
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2021, October, 11, 12:05:00
OIL PRICE: NEAR $84
Brent was up $1.20 cents, or 1.5%, at $83.59 a barrel. WTI was up $1.46, or 1.8%, at $80.81 a barrel.
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2021, October, 11, 11:35:00
U.S. RIGS UP 5 TO 533
U.S. Rig Count is up 5 from last week to 533 , Canada Rig Count is up 2 from last week to 167.
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2021, October, 8, 10:35:00
OIL PRICE: NEAR $83
Brent jumped 93 cents, or 1.1%, to $82.88 a barrel. WTI jumped 93 cents, or 1.1%, to $82.88 a barrel.