All publications by tag «OIL»
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2022, June, 14, 11:30:00
U.S. ENERGY PRICES GO HIGHER
The Administration has actually recommended that people buy EVs to avoid increasing gasoline prices. The recent ban on imports of Russian oil will likely further increase gasoline prices, which have already doubled under the Administration.
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2022, June, 13, 15:00:00
OIL PRICE: BRENT NEAR $120, WTI ABOVE $118
Brent was down $1.86, or 1.5%, to $120.15 a barrel, WTI was down $2.15, or 1.8%, at $118.52.
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2022, June, 13, 14:55:00
OPEC OIL PRICE: $123.19
The price of OPEC basket of thirteen crudes stood at $123.19 a barrel
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2022, June, 13, 14:40:00
GERMANY'S ENERGY SAVING
Chancellor Olaf Scholz’s three-party alliance agreed at the end of March to cut the levy on fuel for three months from June 1 by 30 euro cents per liter for gasoline and 14 cents for diesel, costing the government about 3 billion euros ($3.1 billion) in lost revenue.
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2022, June, 13, 14:35:00
LIBYA'S OIL PRODUCTION STOPPED
Libya is pumping only about 100,000 barrels a day.
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2022, June, 13, 14:15:00
U.S. RIGS UP 6 TO 733
U.S. Rig Count is up 6 from last week to 733, Canada Rig Count is up 24 from last week to 141.
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2022, June, 10, 14:50:00
OIL PRICE: BRENT ABOVE $123, WTI ABOVE $121
Brent was up 40 cents, or 0.3%, at $123.47 a barrel, WTI rose 30 cents, or 0.3%, to $121.81 a barrel.
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2022, June, 10, 14:45:00
OPEC OIL PRICE: $123.21
The price of OPEC basket of thirteen crudes stood at $123.21 a barrel on Thursday,
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2022, June, 10, 14:40:00
OIL PRICES 2022-23: $108 - $97
The Brent price will average $108/b in the second half of 2022 (2H22) and then fall to $97/b in 2023.
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2022, June, 10, 14:20:00
GERMANY NEED RUSSIAN ENERGY
Germany advised people to defrost their freezers regularly, change shower heads and switch office lighting to LEDs as the government tries to reduce a reliance on imported Russian energy that’s become a political liability.