All publications by tag «OIL»
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2021, February, 10, 11:55:00
OIL PRICES 2021-22: $52-$56
Brent crude oil prices will average $56/b in the first quarter of 2021 and $52/b over the remainder of the year. Brent prices will average $55/b in 2022.
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2021, February, 9, 15:55:00
OIL PRICE: NEAR $61
Brent gained 41 cents, or 0.7%, to $60.97 a barrel. WTI was at $58.25 a barrel, up 28 cents, or 0.5%.
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2021, February, 9, 15:45:00
OPEC+ OIL PRODUCTION UP 440 TBD
OPEC's 13 members pumped 25.70 million b/d in the month, up 270,000 b/d from December, while their nine non-OPEC partners, led by Russia, produced 12.91 million b/d, a rise of 170,000 b/d,
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2021, February, 9, 15:20:00
LUKOIL PRODUCTION +9.5%
In the fourth quarter of 2020 LUKOIL Group's average hydrocarbon production was 2,065 kboe per day, which is 9.5% higher quarter-on-quarter.
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2021, February, 8, 12:55:00
OIL PRICE: NEAR $60
Brent touched an intraday high of $60.06 a barrel. WTI advanced 60 cents, or 1.1%, to $57.45 a barrel.
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2021, February, 8, 12:05:00
WORLDWIDE RIG COUNT UP 79 TO 1,183
The Worldwide Rig Count for January was 1,183, up 79 from the 1,104 counted in December 2020, and down 890 from the 2,073 counted in January 2020.
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2021, February, 8, 12:00:00
U.S. RIGS UP 8 TO 392
U.S. Rig Count is up 8 from last week to 392, Canada Rig Count is down 3 from last week to 171,
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2021, February, 5, 12:45:00
OIL PRICE: NEAR $59 YET
Brent climbed 28 cents, or 0.5%, to $59.12 a barrel. WTI were up 29 cents, or 0.5%, to $56.52 a barrel.
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2021, February, 5, 12:40:00
OIL REMAINS THE FUEL
Petroleum remains the most-consumed fuel in the United States, as energy-related carbon dioxide emissions dip through 2035 before climbing in later years.
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2021, February, 5, 12:35:00
INDIA OIL DEMAND WILL UP
"India's peak oil demand will be much later than what many analysts predict. So we will be seeing handsome demand numbers going into 2030s and 2040s, if not 2050s,"