All publications by tag «OIL»
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2021, January, 25, 13:45:00
U.S. RIGS UP 5 TO 378
U.S. Rig Count is up 5 from last week to 378, Canada Rig Count is up 11 from last week to 172.
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2021, January, 22, 11:40:00
OIL PRICE: ABOVE $55 ANEW
Brent fell 58 cents, or 1.03%, to $55.52 a barrel. WTI dropped 65 cents, or 1.2%, to $52.48 a barrel.
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2021, January, 22, 11:35:00
OIL PRICES 2021-22: $50-$55
The price of Brent crude oil to increase from its December 2020 average of $50 per barrel (b) to an average of $56/b in the first quarter of 2021. The Brent price is then expected to average between $51/b and $54/b on a quarterly basis through 2022.
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2021, January, 21, 14:40:07
OIL PRICE: ABOVE $56 YET
Brent fell 47 cents, or 0.8%, to $55.61 a barrel. WTI fell 43 cents, or 0.8%, to $52.88 a barrel.
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2021, January, 21, 14:35:00
OECD OIL PRODUCTION DOWN 9.4%
Total OECD indigenous production of crude oil, NGL and refinery feedstocks decreased by 9.4% in October 2020 compared to October 2019.
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2021, January, 20, 14:50:00
OIL PRICE: ABOVE $56 ANEW
Brent was up 42 cents, or 0.8%, to $56.32. WTI climbed 51 cents, or 1%, to $53.49.
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2021, January, 20, 14:35:00
U.S. OIL FOR CHINA UP
China had suspended crude imports from the US over December 2019-April 2020 due to the trade tensions between Beijing and Washington.
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2021, January, 20, 14:25:00
UAE, U.S. STRATEGIC ALLIANCE
Dr. Al Jaber said, "Our strategic alliance with the U.S. is also very strong.
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2021, January, 19, 14:00:00
OIL PRICE: ABOVE $55 YET
Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.
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2021, January, 19, 13:45:00
U.S. FOSSIL FUEL WILL UP
U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.