All publications by tag «oil»
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2020, April, 27, 12:05:00
U.S. RIGS DOWN 64 TO 465
U.S. Rig Count is down 64 rigs from last week to 465, Canada Rig Count is down 4 rigs from last week to 26
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2020, April, 24, 13:35:00
OIL PRICE: NEAR $21
Brent was down 73 cents, or 3.42%, at $20.60 per barrel, WTI fell by 84 cents, or 5.09%, to $15.66 a barrel
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2020, April, 24, 13:30:00
ENERGY PRICES WILL DOWN BY 40%
Energy prices overall (which also include natural gas and coal) are expected to average 40 percent lower in 2020 but see a sizeable rebound in 2021.
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2020, April, 23, 15:15:00
OIL PRICE: NEAR $22
Brent was up $1.60, or 7.8%, at $21.97 per barrel, WTI rose $1.74, or 12.6%, at $15.52 a barrel.
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2020, April, 23, 15:10:00
U.S. OIL BANKRUPTCY
The U.S. oil industry was already struggling to satisfy investors unhappy with weak returns, even as the United States surged to become the world’s largest oil producer in the last few years.
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2020, April, 23, 14:55:00
ARGENTINA'S OIL PRICE $45
The Argentinian government plans to set a minimum oil reference price for local producers at US$45/bbl,
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2020, April, 22, 12:00:00
OIL PRICE: NEAR $17
Brent crude touched $15.98 a barrel, WTI was down 51 cents, or 4.4%, at $11.06 a barrel.
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2020, April, 22, 11:50:00
OIL MARKET MELTDOWN
Monday's unprecedented meltdown in oil prices, with front-month NYMEX WTI futures diving deep into negative territory as Tuesday's expiry of the May contract neared, was the exclamation point on what many OPEC+ delegates have described as an alarming and depressing ride.
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2020, April, 21, 11:15:00
OIL PRICE: NEAR $23
Brent crude for was down 48 cents, or 1.9%, at $25.09 per barrel, WTI was up $38.99 in thin trade at $1.36 a barrel
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2020, April, 21, 11:10:00
WTI PRICE: MINUS $37,63
NYMEX May WTI settled at minus $37.63/b, down $55.90 from Friday.