All publications by tag «OIL»
2021, October, 15, 09:20:00
U.S. OIL INVENTORIES UP BY 6.1 MB TO 427.0 MB
U.S. commercial crude oil inventories increased by 6.1 million barrels from the previous week to 427.0 million barrels.
2021, October, 14, 13:35:00
OIL PRICE: NEAR $84 AGAIN
Brent gained 67 cents, or 0.8%, to $83.85 a barrel. WTI climbed 62 cents, or 0.8%, to $81.06 a barrel.
2021, October, 14, 13:05:00
MORE RUSSIAN OIL
Russia's crude production targets under the OPEC+ accord are 9.809 million b/d in October and 9.913 million b/d in November, though it has regularly pumped in excess of its quota.
2021, October, 14, 13:00:00
OPEC + RUSSIA 400 TBD
The OPEC+ alliance has agreed to increase production by 400,000 b/d through the end of 2022, aiming to eliminate the historic cuts it implemented through the pandemic by late in the year
2021, October, 14, 12:55:00
OIL PRICES 2021-22: $81-$72
We expect Brent prices will remain near current levels for the remainder of 2021, averaging $81/b during the fourth quarter of 2021. In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining from current levels to an annual average of $72/b.
2021, October, 13, 12:20:00
OIL PRICE: NEAR $83 ANEW
Brent was up 1 cent at $83.66 a barrel. WTI fell 50 cents, or 0.6%, to $80.02.
2021, October, 12, 17:05:00
OIL PRICE: NEAR $84 ANEW
Brent was up 1 cent at $83.66 a barrel. WTI fell 50 cents, or 0.6%, to $80.02.
2021, October, 11, 12:05:00
OIL PRICE: NEAR $84
Brent was up $1.20 cents, or 1.5%, at $83.59 a barrel. WTI was up $1.46, or 1.8%, at $80.81 a barrel.
2021, October, 11, 11:35:00
U.S. RIGS UP 5 TO 533
U.S. Rig Count is up 5 from last week to 533 , Canada Rig Count is up 2 from last week to 167.
2021, October, 8, 10:35:00
OIL PRICE: NEAR $83
Brent jumped 93 cents, or 1.1%, to $82.88 a barrel. WTI jumped 93 cents, or 1.1%, to $82.88 a barrel.