All publications by tag «OIL»
2021, March, 3, 13:00:00
OIL PRICE: NEAR $63 ANEW
Brent rose 24 cents, or 0.38%, to $62.94 a barrel. WTI rose 15 cents, or 0.25%, to $59.90 a barrel.
2021, March, 3, 12:55:00
GLOBAL OIL MARKET: CAUTIOUS OPTIMISM
“We must emphasize in strong terms: cautious optimism, cautious optimism, cautious optimism.”
2021, March, 3, 12:50:00
GLOBAL OIL DEMAND WILL UP TO 99 MBD
Current oil demand of 94 million b/d, rising to 99 million b/d in 2022.
2021, March, 2, 12:40:00
OIL PRICE: NEAR $63
Brent dropped 70 cents, or 1.1%, to $62.99 a barrel. WTI fell 71 cents, or 1.2%, to $59.93 a barrel.
2021, March, 2, 12:35:00
OPEC+ EXTREME CAUTION
Prices have rallied to pre-virus levels, while U.S. production has taken a hit from freezing storms. Talk swirls of market supercycles, and even the return of $100 oil.
2021, March, 2, 12:30:00
OIL DEMAND WILL UP
Oil demand may continue to climb over the next decade even as countries work to comply with the Paris climate agreement’s goals for cutting emissions,
2021, March, 1, 11:00:00
OIL PRICE: NOT ABOVE $66
Brent rose $1.07, or 1.7%, to $65.49 per barrel. WTI jumped $1.01, or 1.6%, to $62.51 a barrel.
2021, March, 1, 10:15:00
U.S. RIGS UP 5 TO 402
U.S. Rig Count is up 5 from last week at 402, Canada Rig Count is down 9 from last week to 163,
2021, February, 26, 11:50:00
OIL PRICE: NOT ABOVE $67
Brent fell 63 cents, or 0.9%, to $66.25 a barrel. WTI dropped 72 cents, or 1.1%, to $62.81 a barrel.
2021, February, 25, 12:25:00
OIL PRICE: ABOVE $67
Brent gained 37 cents, 0.6%, to $67.41 a barrel. WTI was at $63.54 a barrel, up 32 cents, 0.5%.