All publications by tag «oil»
2022, November, 14, 13:10:00
SAUDI'S OIL FOR EUROPE
The Netherlands, Poland, Spain, France and Italy have been the top five destinations for Saudi oil in the region this year, all of which have also been regular buyers of Russian crude.
2022, November, 14, 12:50:00
U.S. RIGS UP 9 TO 779
U.S. Rig Count is up 9 from last week to 779, Canada Rig Count is down 9 from last week to 200.
2022, November, 11, 11:10:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $89
Brent rose $2.39, or 2.6%, to $96.06 a barrel, WTI gained $2.24, or 2.6%, to $88.71 a barrel.
2022, November, 11, 10:30:00
U.S. OIL INVENTORIES UP BY 3.9 MB TO 440.8 MB
U.S. commercial crude oil inventories increased by 3.9 million barrels to 440.8 million barrels.
2022, November, 9, 11:10:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 AGAIN
Brent fell 9 cents, or 0.1%, to $95.27 a barrel, WTI fell 20 cents, or 0.2%, to $88.71 a barrel.
2022, November, 9, 11:05:00
RUSSIAN OIL EXPORTS UP
China and India remain the main destination for Russian crudes in the wake of the Ukraine war, accounting for 58% of all seaborne Russian crude exports in October.
2022, November, 9, 11:00:00
OIL PRICES 2023: $94 - $98
Growth in OPEC and non-OPEC oil production—most notably production in the United States— keeps the Brent crude oil price in our forecast lower on an annual average basis in 2023 than in 2022. Brent crude oil price will begin rising in 2H23.
2022, November, 7, 12:10:00
OIL PRICE: BRENT NEAR $98, WTI NEAR $92
Brent dropped $1.24 or 1.26% to trade at $97.33 a barrel, WTI was at $91.17 a barrel, down $1.44.
2022, November, 7, 12:05:00
OPEC MARKET DECISIONS
OPEC and non-OPEC allies — generally referred to as OPEC+ — agreed at this week’s meeting in Vienna to reduce production by 2 million BPD from November levels.
2022, November, 7, 12:00:00
OPEC+, U.S. OIL RELATIONS
The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.
