All publications by tag «oil»
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2020, November, 5, 12:45:00
OPEC OIL REVENUES WILL DOWN
OPEC earned an estimated $595 billion in net oil export revenues in 2019, a decrease of 17% compared with the estimated 2018 net export revenue and less than half the estimated record high of almost $1.2 trillion earned in 2012.
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2020, November, 3, 13:25:00
OIL PRICE: ABOVE $40
Brent rose 70 cents, or 1.8% to $39.67 a barrel, WTIwere up 78 cents, or 2.1%, to $37.59 a barrel.
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2020, November, 3, 12:55:00
CHINA'S REFINERY INVESTMENT $20 BLN
China has a refining capacity of 13.1 mb/d, i.e. 2.5 times as high as in 2000 (5.4 mb/d).
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2020, November, 2, 17:25:00
OIL PRICE: ABOVE $37 AGAIN
Brent was down 80 cents, or 2.1%, at $37.14 a barrel, WTI fell 93 cents, or 2.6%, to $34.86.
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2020, November, 2, 16:55:00
U.S. RIGS UP 9 TO 296
U.S. Rig Count is up 9 from last week to 296, Canada Rig Count is up 3 from last week to 86.
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2020, October, 30, 13:50:00
OIL PRICE: ABOVE $37
Brent slipped for a third day and was down 51 cents, 1.4%, at $37.14 a barrel, WTI declined 48 cents, or 1.3%, to $35.69 a barrel.
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2020, October, 29, 17:15:00
OIL PRICE: NOT ABOVE $37
Brent were down $1.96, or 5%, at $37.16, WTI fell $1.94, or 5.2%, to $35.45.
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2020, October, 29, 17:10:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 492.4 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 492.4 million barrels,
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2020, October, 29, 17:00:00
NORWAY'S OIL & GAS PRODUCTION 1.722 MBD ANEW
Preliminary production figures for September 2020 show an average daily production of 1 772 000 barrels of oil, NGL and condensate.
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2020, October, 29, 16:50:00
OIL & GAS, RENEWABLES INVESTMENT
Public opinion, governmental regulations, and most importantly, economics, are pushing the O&G industry to diversify its assets into renewables.