All publications by tag «OIL»
2021, March, 16, 13:00:00
OIL PRICE: NEAR $68
Brent was down 69 cents, or 1%, at $68.19. WTI was down 69 cents, or 1.1%, at $64.70 a barrel.
2021, March, 15, 11:00:00
OIL PRICE: ABOVE $69 ANEW
Brent gained 47 cents, or 0.7%, to $69.69 a barrel. WTI was at $66.10 a barrel, up 49 cents, or 0.8%.
2021, March, 15, 10:55:00
OPTIMISTIC OPEC
With non-OPEC supply forecast to bounce back by 950,000 b/d in 2021 to 63.8 million b/d, OPEC lowered the estimated demand for its crude by 240,000 b/d to 27.26 million b/d.
2021, March, 15, 10:50:00
RUSSIA'S OIL FLEXIBILITY
Moscow sees global oil supply in a deficit of 1 million-2 million b/d at the moment, as the world economy continues to recover driving oil demand up by 5.5 million b/d this year.
2021, March, 15, 10:20:00
U.S. RIGS DOWN 1 TO 402
U.S. Rig Count is down 1 from last week at 402, Canada Rig Count is down 25 from last week to 116
2021, March, 12, 12:00:00
OIL PRICE: ABOVE $69
Brent slipped 33 cents, or 0.5%, to $69.30 a barrel. WTI was at $65.65 a barrel, down 37 cents, or 0.6%.
2021, March, 12, 11:55:00
GLOBAL OIL DEMAND WILL UP BY 5.9 MBD
For 2021, world oil demand is expected at 5.9 mb/d, to stand at 96.3 mb/d.
2021, March, 12, 11:50:00
U.S. OIL INVENTORIES UP 13.8 MB TO 498.4 MB
U.S. commercial crude oil inventories increased by 13.8 million barrels to 498.4 million barrels.
2021, March, 11, 14:05:00
OIL PRICE: NOT ABOVE $69
Brent rose 20 cents, or 0.3%, to $68.10 a barrel. WTI was up 21 cents, or 0.3%, at $64.65.
2021, March, 11, 13:55:00
OIL PRICES RISKS
"As uncertainty, we note a possible increase in production by countries that are not members of OPEC+, as a result of rising prices," Novak said at the meeting with Putin, who praised his "efficient work" protecting Russia's share in the market.
