All publications by tag «oil»
2020, March, 4, 09:55:00
U.S. OIL PRODUCTION 12.23 MBD
Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels.
2020, March, 4, 09:45:00
VENEZUELA'S OIL EXPORTS UP 9%
Venezuela's oil exports increased to 1.046 million barrels per day (bpd) last month from 960,000 bpd in January,
2020, March, 2, 13:05:00
OIL PRICE: NEAR $51 ANEW
Brent was at $51.91 a barrel, up $2.24 or 4.5%, WTI hit a 14-month low of $43.32, before recovering to $46.65, up $1.89, or 4.2%.
2020, March, 2, 12:55:00
OPEC+ OIL CUTS
Despite heavy lobbying by Saudi Arabia, the 23-country coalition of OPEC and non-OPEC producers has yet to agree on any plans to rein in crude oil production further.
2020, March, 2, 12:50:00
RUSSIA'S OIL PRODUCTION 11.29 MBD
Russian oil output stood at 11.29 million barrels per day (bpd) in February,
2020, March, 2, 12:05:00
U.S. RIGS DOWN 1 TO 790
U.S. Rig Count is down 1 rig from last week to 790, Canada Rig Count is down 4 rigs from last week to 240
2020, February, 28, 15:45:00
OIL PRICE: NEAR $51
Brent was down $1.74, or 3.3%, at $49.99 a barrel, WTI fell $1.89, or about 4%, to $45.20.
2020, February, 26, 10:35:00
OIL PRICE: NEAR $55
Brent rose 33 cents, or 0.6%, to $55.28 a barrel, WTI gained 41 cents, or 0.8%, to $50.31 a barrel.
2020, February, 24, 10:50:00
OIL PRICE: NEAR $57
Brent fell by $1.42, or 2.4%, to $57.08 a barrel, WTI fell by $1.26, or 2.4%, to $52.12.
2020, February, 24, 10:35:00
RUSSIA'S ANTARCTIC OIL GAS POTENTIAL
Unlike the Arctic, which is open to hydrocarbon exploration, the Antarctic's mineral resources, including oil and gas, are protected by amendments to the 1959 Antarctic Treaty, to which Russia is a signatory.
