All publications by tag «OIL»
2021, December, 27, 12:00:00
OIL PRICE: NEAR $76 YET
Brent fell 24 cents, or 0.3%, to $75.90 a barrel, WTI were down 97 cents, or 1.3%, at $72.82 a barrel .
2021, December, 27, 11:55:00
OPEC+ SUCCESSFUL BALANCE
With Russia nearing its maximum capacity and Nigeria, Angola and several other countries struggling to maintain output, OPEC+ sustainable spare capacity will shrink to just 1.2 million b/d by June, lessening the group's ability to offset disruptions.
2021, December, 27, 11:50:00
RUSSIA'S OIL PRODUCTION WILL UP TO 11 MBD
The country's oil production is set to reach the pre-pandemic level by May next year, as the OPEC+ alliance continues to increase output monthly to meet rising demand.
2021, December, 27, 11:40:00
INDIA OIL IMPORTS UP BY 6%
Over January-November, India's crude imports rose 5.8% year on year to 191.8 million mt, or 4.2 million b/d.
2021, December, 27, 11:30:00
OIL PLASMA PULSE TECHNOLOGY
Plasma Pulse Technology was invented at St. Petersburg State Mining University in Russia.
2021, December, 24, 12:10:00
OIL PRICE: NEAR $76
Brent slid 41 cents, or 0.5%, to $76.44 a barrel , U.S. markets are closed on Friday for the Christmas holiday.
2021, December, 24, 11:40:00
U.S. RIGS UP 7 TO 586
U.S. Rig Count is up 7 from last week to 586, Canada Rig Count is down 34 from last week to 133.
2021, December, 23, 16:35:00
OIL PRICE: BELOW $76 ANEW
Brent was up 19 cents, or 0.3%, to $75.48 a barrel , WTI were up 5 cents, or 0.1%, at $72.81 a barrel
2021, December, 23, 16:15:00
GLOBAL OIL DEMAND RECOVERY
Underlying oil demand fundaments remain strong going into 2022. Pent-up demand is already stretching supply lines to the limit while booster jabs and previous infections lower the chance of serious harm from the virus.
2021, December, 23, 15:55:00
U.S. OIL INVENTORIES DOWN BY 4.7 MB TO 423.6 MB
U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week to 423.6 million barrels.
