All publications by tag «OIL»
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2022, March, 1, 12:20:00
OIL PRICE: NEAR $100
Brent advanced 1.8% to $99.7, WTI rose 1.6% to $97.28.
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2022, March, 1, 12:15:00
RUSSIAN OIL FOR U.S. YET
Despite the latest unloading of Russian petroleum products in the US, shipments have recently been in decline. US imports of Russian crude oil have fallen to roughly 13,500 b/d since Jan. 1, down from an average of 199,000 b/d in 2021, according to the latest US data, reflecting declining reliance on Russian crude as the Ukraine crisis escalated.
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2022, February, 28, 13:25:00
OIL PRICE: ABOVE $102
Brent ose $4.16, or 4.3%, to $102.09, WTI was up $4.19, or 4.6%, at $95.78 a barrel.
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2022, February, 28, 12:30:00
U.S. RIGS UP 5 TO 650
U.S. Rig Count is up 5 from last week to 650, Canada Rig Count is up 4 from last week to 224.
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2022, February, 25, 11:50:00
OIL PRICE: ABOVE $101
Brent rose $2.81, or 2.8%, to $101.89 a barrel, WTI touched a high of $95.64 a barrel.
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2022, February, 25, 11:10:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 416.0 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels from the previous week to 416.0 million barrels.
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2022, February, 24, 12:30:00
OIL PRICE: ABOVE $103
Brent rose to as much as $103.78 a barrel, WTI jumped $5.48, or 6%, to $97.58 a barrel.
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2022, February, 23, 13:15:00
OIL PRICE: NEAR $96
Brent rose 11 cents, or 0.01%, to $96.95 a barrel, WTI were up 6 cents, or 0.07%, to $91.97 a barrel.
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2022, February, 22, 13:10:00
OIL PRICE: NEAR $99
Brent was up $3.48, or 3.7%, at $98.87, WTI jumped $4.41, or 4.8%, to $95.48.
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2022, February, 22, 13:00:00
OPEC+ RUSSIA STABILISATION
OPEC, along with 10 allies led by Russia, has been gradually easing back production quotas it implemented at the start of the coronavirus pandemic by 400,000 b/d each month, aiming to return to pre-pandemic output levels by late 2022.