All publications by tag «OIL»
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2022, April, 12, 12:25:00
CHINA'S CNOOC NEED INVESTMENT $4.4 BLN
The Chinese oil group CNOOC is seeking to raise CNY28.1bn (US$4.4bn) in a share listing in Shanghai (China), offering CNY10.8/share (US$1.7/share).
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2022, April, 11, 13:30:00
OIL PRICE: BRENT ABOVE $100, WTI ABOVE $95
Brent was down $2.08, or 2%, at $100.70 a barrel, WTI lost $2.19, or 2.2%, to $96.07.
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2022, April, 11, 13:25:00
OPEC OIL PRICE: $100.12
The price of OPEC basket of thirteen crudes stood at $100.12 a barrel
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2022, April, 11, 13:10:00
U.S. WRECKING ENERGY MARKETS
Vladimir Putin likely sees the global energy shortage and lack of energy security as an opportunity to advance Russia’s interests in Ukraine, knowing that Europe has no other choice than to buy their petroleum.
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2022, April, 11, 13:05:00
U.S. HYDROCARBONS WAR
A viable renewable energy backstop to oil & gas production does not now exist to guarantee Americans cost-effective, reliable, and 24/7 energy availability
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2022, April, 11, 12:50:00
U.S. RIGS UP 16 TO 689
U.S. Rig Count is up 16 from last week to 689, Canada Rig Count is down 13 from last week to 111.
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2022, April, 8, 11:10:00
OIL PRICE: BRENT NEAR $101, WTI ABOVE $96
Brent advanced by 16 cents, or 0.2% to $100.77 a barrel, WTI gained 35 cents, or 4%, to $96.37 a barrel.
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2022, April, 8, 11:05:00
OPEC+ OIL PRODUCTION DOWN
OPEC's 13 members raised output by 60,000 b/d to 28.73 million b/d, but that was more than offset by a 160,000 b/d decline by the bloc's nine allies, who pumped 13.91 million b/d.
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2022, April, 8, 11:00:00
RUSSIA'S OIL PRODUCTION WILL DOWN
Novak is Russia's key negotiator in the OPEC+ group, which has resisted calls from consumers to increase production.
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2022, April, 8, 10:30:00
U.S. OIL INVENTORIES UP BY 2.4 MB TO 412.4 MB
U.S. commercial crude oil inventories increased by 2.4 million barrels to 412.4 million barrels.