All publications by tag «OIL»
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2022, June, 21, 14:15:00
NORWAY OIL, GAS PRODUCTION 1.831 MBD
Preliminary production figures for May 2022 show an average daily production of 1 831 000 barrels of oil, NGL and condensate.
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2022, June, 20, 12:55:00
OIL PRICE: BRENT NEAR $113, WTI NEAR $110
Brent rose 42 cents, or 0.4%, to $113.54 a barrel, WTI was at $109.85 a barrel, up 29 cents, or 0.3%.
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2022, June, 20, 12:50:00
OPEC OIL PRICE: $118.97
The price of OPEC basket of thirteen crudes stood at $118.97 a barrel
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2022, June, 20, 12:30:00
OIL MARKET RECONFIGURATION
Non-sanctioning countries including India and China have significantly increased imports of Russian oil since the invasion began Feb. 24, taking advantage of major price discounts.
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2022, June, 20, 12:25:00
RUSSIAN OIL FOR CHINA UP
Crude imports rose 55% from a year ago to 8.42 million tons, with Russia overtaking Saudi Arabia as China’s main source of oil, according to customs data released on Monday.
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2022, June, 20, 11:55:00
U.S. ENERGY DEFICIT
Just when it didn’t seem things couldn’t get worse — gasoline at $5 to $8 a gallon, supply shortages in everything from baby formula to new cars — comes the devastating news that many of us will endure electricity blackouts this summer.
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2022, June, 20, 11:30:00
U.S. RIGS UP 7 TO 740
U.S. Rig Count is up 7 from last week to 740, Canada Rig Count is up 15 from last week to 156.
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2022, June, 17, 14:10:44
OIL PRICE: BRENT ABOVE $120, WTI NEAR $118
Brent was up $1.13, or 0.9%, to $120.94 a barrel, WTI gained $1.03, or 0.9%, to $118.62.
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2022, June, 17, 14:05:00
OPEC OIL PRICE: $119.24
The price of OPEC basket of thirteen crudes stood at $119.24 a barrel
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2022, June, 17, 14:00:00
RUSSIA, SAUDI ARABIA COOPERATION
Prince Abdulaziz bin Salman met Deputy Prime Minister Alexander Novak on Thursday at the St. Petersburg International Economic Forum, a flagship conference that almost all Western officials and business executives are avoiding this year following Russia’s invasion of Ukraine.