All publications by tag «U»
2023, June, 9, 07:00:00
OIL PRICE: BRENT ABOVE $75, WTI NEAR $71
Brent dropped 35 cents, or 0.5%, to $75.61 a barrel, WTI eased 35 cents, or 0.5%, to $70.94.
2023, June, 9, 06:50:00
OPEC+ RUSSIA: 40.46 MBD
Adjust the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the DoC to 40.46 mb/d, starting 1 January 2024 until 31 December 2024, which is to be distributed as per the attached table.
2023, June, 9, 06:35:00
SAUDI ARABIA OIL PRODUCTION DOWN 1 MBD
The kingdom’s energy minister Prince Abdulaziz bin Salman, Opec’s de facto leader, made the move as part of a deal in which several weaker African members will have quotas reduced from next year.
2023, June, 9, 06:25:00
U.S. CLEAN ENERGY INVESTMENT
These incentives represent the largest climate investment in U.S. history and aim to reduce emissions by approximately 40% by 2030.
2023, June, 9, 06:20:00
U.S. FUSION DEVELOPMENT
The U.S. Department of Energy (DOE) announced $46 million in funding to eight companies advancing designs and research and development for fusion power plants,
2023, June, 9, 06:10:00
U.S. WILL BUY 3 MB
The Department of Energy (DOE) announced today that it will purchase up to 3 million barrels of oil for the Strategic Petroleum Reserve (SPR)
2023, June, 9, 06:05:00
U.S. OIL INVENTORIES DOWN BY 0.5 MB TO 459.2 MB
U.S. commercial crude oil inventories decreased by 0.5 million barrels to 459.2 million barrels.
2023, June, 9, 06:00:00
WORLDWIDE RIG COUNT DOWN 25 TO 1,783
The Worldwide Rig Count for May was 1,783, down 25 from the 1,808 counted in April 2023, and up 155, from the 1,628 counted in May 2022.
2023, June, 2, 07:00:00
OIL PRICE: BRENT ABOVE $74, WTI ABOVE $70
Brent rose 34 cents, or 0.46% to $74.62 a barrel, WTI rose 30 cents, or 0.43%, to $70.40.
2023, June, 2, 06:55:00
RUSSIAN NUCLEAR CHANGES
“Over the next 10 years there will be around a dozen units, which will need to be decommissioned. These are RBMK units. Some of them may have their operating loves slightly extended, but the vast majority will have to be decommissioned, as they say, in real time. Therefore, we need to build 17 units by 2035." Likhachev said