All publications by tag «OIL»
2021, April, 12, 10:38:47
OIL PRICE: NEAR $63 STILL
Brent was up 2 cents at $62.97 a barrel. WTI gained 1 cent to $59.49 a barrel.
2021, April, 12, 10:20:00
OPEC+ OIL PRODUCTION UP 450 TBD
With the production gains, OPEC+ compliance with its quotas slipped to 111% in March, compared with 113.5% in February, juiced by Saudi Arabia voluntarily cutting an additional 1 million b/d since January.
2021, April, 12, 10:15:00
U.S. OIL TAX BREAKS $35 BLN
Removing this specific tax measure could generate US$13bn over 10 years. Overall, eliminating fossil fuel subsidies could increase government receipts by US$35bn over 10 years.
2021, April, 12, 09:30:00
U.S. RIGS UP 2 TO 432
U.S. Rig Count is up 2 from last week at 432, Canada Rig Count is down 11 from last week to 58
2021, April, 9, 11:25:00
OIL PRICE: NEAR $63 YET
Brent edged down 12 cents, or 0.2%, to $63.08 a barrel. WTI was at $59.59 a barrel.
2021, April, 8, 12:10:00
OIL PRICE: NEAR $63 AGAIN
Brent fell 51 cents, or 0.8%, to $62.65 a barrel. WTI fell 53 cents, or 0.9%, to $59.24 a barrel.
2021, April, 8, 11:25:00
U.S. OIL INVENTORIES DOWN 3.5 MB TO 498.3 MB
U.S. commercial crude oil inventories decreased by 3.5 million barrels to 498.3 million barrels.
2021, April, 7, 10:40:26
OIL PRICE: NEAR $63 ANEW
Brent rose by 34 cents, or 0.5%, to $63.08 a barrel. WTI was up 32 cents, or 0.5%, to $59.65.
2021, April, 7, 10:35:00
OIL PRICES 2021-22: $65-60
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $60/b in 2022.
2021, April, 6, 14:25:00
OIL PRICE: NEAR $63
Brent rose 90 cents, or 1.5%, to $63.05 a barrel. WTI rose 98 cents, or 1.7%, to $59.63.
