All publications by tag «OIL»
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2020, May, 21, 12:15:00
NORWAY'S OIL & GAS PRODUCTION 2.117 MBD
Norway's preliminary production figures for April 2020 show an average daily production of 2 117 000 barrels of oil, NGL and condensate,
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2020, May, 20, 11:55:00
OIL PRICE: NEAR $35 YET
Brent were up 10 cents, or 0.3%, at $34.75 per barrel, WTI were down 2 cents at $31.94 a barrel
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2020, May, 19, 12:05:00
OIL PRICE: NEAR $35
Brent climbed 25 cents, or 0.7%, to $35.06 a barrel, WTI was up 43 cents, or 1.4%, at $32.25 a barrel
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2020, May, 19, 11:55:00
OIL&GAS INDUSTRY: THE NEXT TRANSFORMATION
To change the current paradigm, the industry will need to dig deep and tap its proud history of bold structural moves, innovation, and safe and profitable operations in the toughest conditions. The winners will be those that use this crisis to boldly reposition their portfolios and transform their operating models. Companies that don’t will restructure or inevitably atrophy.
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2020, May, 19, 11:50:00
U.S. PRODUCTION: OIL (-197) TBD, GAS (-779) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 197,000 b/d month-over-month in May from 8,019 to 7,822 thousand barrels/day, gas production to decrease 779 million cubic feet/day from 82,249 to 81,470 million cubic feet/day .
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2020, May, 18, 09:10:00
OIL PRICE: ABOVE $33
Brent was up $1.06, or 3.3%, at $33.56 a barrel, WTI was up $1.29, or 4.4%, at $30.72 a barrel
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2020, May, 18, 08:00:00
U.S. RIGS DOWN 35 TO 339
U.S. Rig Count is down 35 rigs from last week to 339, Canada Rig Count is down 3 rigs from last week to 23
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2020, May, 15, 11:55:00
OIL PRICE: NEAR $32
Brent was up $1.21 cents, or 3.9% at $32.34 a barrel, WTI was up 92 cents, or 3.3%, at $28.48 a barrel after reaching $28.54
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2020, May, 15, 11:50:00
U.S. OIL DEMAND DOWN TO 14.2 MBD
Reduced economic activity resulting from shelter-in-place restrictions due to COVID-19 drove significant near-term disruptions to energy markets in the month of April with U.S. petroleum demand falling nearly 27 percent to 14.2 million barrels per day (mb/d),
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2020, May, 14, 16:30:00
OIL PRICE: NEAR $30 YET
Brent were up $1.17, or 4%, at $30.36 per barrel, WTI were $1.1, or 4.4%, higher at $26.39 per barrel.