All publications by tag «oil»
2020, December, 23, 13:30:00
OIL PRICE: NEAR $50
Brent were down 38 cents, or 0.8%, to $49.70 a barrel . WTI fell 40 cents, or 0.9%, to $46.62 a barrel.
2020, December, 23, 13:10:00
WORST U.S. SHALE
Shale producers were hit hard after borrowing to expand production and slashed spending and output to cut losses.
2020, December, 22, 13:50:00
OIL PRICE: NOT BELOW $50 ANEW
Brent were down 88 cents, or 1.7% to $50.03 a barrel. WTI fell 92 cents, or 1.9%, to $47.05 a barrel.
2020, December, 22, 13:45:00
OPEC+ RUSSIA EXTENSION
"The OPEC+ deal has been with us for almost nine months and will continue until April 2022, but it can be extended until the end of 2022," Prince Abdulaziz said, adding that market skeptics and speculators will remain "on their toes".
2020, December, 21, 13:10:00
OIL PRICE: NEAR $50
Brent was down $2.06, or 3.9%, to $50.20 a barrel. WTI was down $1.95, or 4%, to $47.15 a barrel.
2020, December, 21, 12:50:00
NORWAY'S OIL, GAS PRODUCTION 2 MBD
Preliminary production figures for November 2020 show an average daily production of 2 026 000 barrels of oil, NGL and condensate.
2020, December, 21, 12:25:00
U.S. RIGS UP 8 TO 346
U.S. Rig Count is up 8 from last week to 346 , Canada Rig Count is down 9 from last week to 102
2020, December, 18, 12:10:00
OIL PRICE: NOT BELOW $51 YET
Brent fell 26 cents, or 0.5%, to $51.24 a barrel. WTI slipped 17 cents or 0.4%, to $48.19 a barrel .
2020, December, 18, 12:00:00
OPEC+ STABILITY
At the coalition's last meeting Dec. 3, OPEC+ members agreed to raise collective output by about 500,000 b/d from January and to convene monthly to determine subsequent levels.
2020, December, 18, 11:50:00
U.S. OIL COMPANIES BANKRUPTCIES
Many oil companies that were hit hard in 2015 from the sudden drop in oil prices to levels not seen in years at the time, were able to hold on initially.
