All publications by tag «OIL»
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
2021, July, 7, 11:30:00
OIL PRICE: NEAR $75
Brent was up 74cents, or 1%, at $75.27 a barrel , WTI was up 88 cents, or 1.2%, at $74.25 a barrel,
2021, July, 7, 11:25:00
OPEC+ NO QUOTAS
The OPEC+ had failed to agree to increase production quotas from August onward after the UAE objected to Saudi Arabia's plan to tie the production increases to a lengthening of the supply management pact through to the end of 2022.
2021, July, 6, 12:20:00
OIL PRICE: NOT BELOW $77
Brent climbed 18 cents or 0.2% to stand at $77.34 a barrel, WTI were at $76.57 a barrel, up $1.41 or 1.9% from Friday’s close.
2021, July, 5, 13:30:00
OIL PRICE: NOT BELOW $76
Brent was up 30 cents, or 0.4%, at $76.47 a barrel, WTI gained 32 cents, or 0.4%, to $75.48 a barrel.
2021, July, 5, 12:45:00
WORLDWIDE RIG COUNT UP 63 TO 1,325
The Worldwide Rig Count for June was 1,325, up 63 from the 1,262 counted in May 2021
2021, July, 5, 12:40:00
U.S. RIGS UP 5 TO 475
U.S. Rig Count is up 5 from last week to 475, Canada Rig Count is up 10 from last week to 136.
2021, July, 2, 12:40:00
OIL PRICE: BELOW $76
Brent were down 20 cents at $75.64 a barrel , WTI were down 15 cents at $75.08.
2021, July, 2, 12:20:00
NORWAY OIL & GAS UP
Equinor has started the Martin Linge oil and gas field in the Norwegian North Sea.
2021, July, 1, 12:35:00
OIL PRICE: NOT ABOVE $76 AGAIN
Brent ended the session up 37 cents, or 0.5% at $75.13 a barrel, WTI settled up 49 cents, or 0.7% at $73.47 a barrel.