All publications by tag «OIL»
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2022, October, 19, 12:05:00
OIL PRICE: BRENT NEAR $90, WTI NEAR $83
Brent rose 22 cents, or 0.2%, to $90.25 a barrel, WTI was at $83.50 a barrel.
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2022, October, 19, 12:00:00
EUROPE, RUSSIA SANCTIONS ANEW
The bloc’s eighth round of sanctions state that if a tanker owner transports Russian crude above an agreed price threshold, their ship would be prohibited from getting EU services needed to ship the commodity, such as insurance, “in the future.”
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2022, October, 19, 11:55:00
UAE, SAUDI ARABIA, OPEC+ DECISION
The UAE has expressed support for the statement by the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia regarding reviewing the status of oil markets and reducing production, noting that the decision was collective and based on the vote of OPEC+.
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2022, October, 18, 15:30:00
OIL PRICE: BRENT NEAR $92, WTI NEAR $86
Brent eased by 7 cents, or 0.08%, to $91.55 a barrel, WTI were down 12 cents, or 0.14%, at $85.34.
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2022, October, 17, 12:45:00
OIL PRICE: BRENT NEAR $92, WTI BELOW $86
Brent rose 81 cents, or 0.88%, to $92.44 a barrel, WTI was at $86.33 a barrel.
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2022, October, 17, 12:15:00
U.S. RIGS DOWN 7 TO 769
U.S. Rig Count is up 7 from last week to 769, Canada Rig Count is up 1 from last week to 216.
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2022, October, 17, 12:10:00
U.S. OIL INVENTORIES UP BY 9.9 MB TO 439.1 MB
U.S. commercial crude oil inventories increased by 9.9 million barrels to 439.1 million barrels.
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2022, October, 13, 13:20:00
OIL PRICE: BRENT BELOW $93, WTI BELOW $88
Brent rose 49 cents, or 0.5%, to $92.94 a barrel , WTI was up 37 cents, or 0.4%, at $87.64 a barrel.
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2022, October, 13, 12:55:00
GLOBAL OIL DEMAND +2.6 MBD
Global oil demand for 2022 is now expected to grow by about 2.6 mb/d.
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2022, October, 13, 12:50:00
OIL PRICES 2022-23: $93 - $95
The Brent crude oil spot price averages $93 per barrel (b) in the fourth quarter of 2022 (4Q22) and $95/b in 2023.