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2022, August, 8, 12:10:00
SAUDI, CHINA COOPERATION
The areas of potential cooperation include upstream and downstream businesses, engineering and construction, oilfield services, carbon capture and hydrogen.
2022, August, 8, 12:05:00
SUSTAINABLE COOPERATION FOR CLIMATE
Saudi Arabia’s Permanent Representative to the UN Dr. Abdul Aziz Al-Wasel on Monday emphasized the importance of “adopting sustainable and cost-effective methods to achieve ambitious climate goals.”
2022, August, 8, 12:00:00
NUCLEAR FOR AUSTRALIA
The Australian Nuclear Science and Technology Organisation has operated a nuclear research reactor at Lucas Heights for more than 60 years, but the use of nuclear power in Australia is currently prohibited by federal and state-level legislation.
2022, August, 8, 11:55:00
U.S. EMPLOYMENT UP BY 528,000
Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported
2022, August, 8, 11:50:00
WORLDWIDE RIG COUNT UP 69 TO 1,775
The Worldwide Rig Count for July was 1,775, up 69 from the 1,706 counted in June 2022,and up 395 from the 1,380 counted in July 2021.
2022, August, 8, 11:45:00
U.S. RIGS DOWN 3 TO 764
U.S. Rig Count is down 3 from last week to 764, Canada Rig Count is down 1 from last week to 203.
2022, August, 4, 11:00:00
OIL PRICE: BRENT ABOVE $96, WTI ABOVE $90
Brent rose 10 cents, or 0.1%, at $96.88 a barrel, WTI was up 21 cents, a 0.2% gain, at $90.87.
2022, August, 4, 10:55:00
OPEC OIL PRICE: $104.86
The price of OPEC basket of thirteen crudes stood at $104.86 a barrel
2022, August, 4, 10:50:00
OPEC + RUSSIA + 100 TBD
Adjust upward the production level for OPEC and non-OPEC Participating Countries by 0.1 mb/d for the month of September 2022
2022, August, 4, 10:45:00
RUSSIAN OIL WITHOUT LIMITS
While the U.S. and European Union have already moved to ban imports of Russian oil into their ports, officials are now scrambling to curb Russia’s revenue from its oil sales globally and also avoid soaring energy prices during a time of high inflation.
