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All publications by tag «OIL»

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2019, November, 22, 12:25:00
OIL PRICE: NOT ABOVE $64
Brent dropped 34 cents, or 0.53%, to $63.63 a barrel, WTI fell 31 cents, also down 0.53%, to $58.27 per barrel.
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2019, November, 22, 12:00:00
INDIA'S OIL DEMAND UP 3%
Oil demand in India is projected to rise by 3.21 percent this year to 4.88 million barrels per day (mb/d), and further by 3.36 percent to 5.05 mb/d by next year, exceeding the 2.37 percent oil demand growth by China, according to the latest Oil Market Report by OPEC.
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2019, November, 20, 12:10:00
OIL PRICE: ABOVE $60
Brent were at $60.71 a barrel, WTI erased early gains to be down 6 cents, or 0.1%, at $55.15 a barrel
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2019, November, 20, 11:50:00
U.S. PRODUCTION: OIL + 49 TBD, GAS + 263 MCFD
Crude oil production from the major US onshore regions is forecast to increase 49,000 b/d month-over-month in November from 9,084 to 9,133 thousand barrels/day, gas production to increase 263 million cubic feet/day from 84,930 to 85,193 million cubic feet/day .
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2019, November, 20, 10:55:00
NORWAY'S OCTOBER PRODUCTION 1.828 MBD
Norway's preliminary production figures for October 2019 show an average daily production of 1 828 000 barrels of oil, NGL and condensate, ,which is an increase of 264 000 barrels per day compared to September.
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2019, November, 18, 13:30:00
OIL PRICE: ABOVE $63
Brent were up 11 cents, or 0.2%, to $63.41 a barrel, WTI were 21 cents, or 0.4%, higher at $57.93 a barrel
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2019, November, 18, 12:35:00
U.S. RIGS DOWN 11 TO 806
U.S. Rig Count is down 11 rigs from last week to 806, Canada Rig Count is down 6 rigs from last week to 134
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2019, November, 15, 14:45:00
OIL PRICE: NOT ABOVE $62 YET
Brent was down 43 cents at $61.85 a barrel , WTI slipped 22 cents to $56.55 a barrel.
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2019, November, 15, 14:20:00
OIL PRICES 2019-20: $64-$60
Brent crude oil spot prices averaged $60 per barrel (b) in October, down $3/b from September and down $21/b from October 2018. EIA forecasts Brent spot prices will average $60/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.
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2019, November, 15, 14:10:00
CHINA'S OIL THROUGHPUT UP TO 13.68 MBD
Crude oil throughput at China's domestic refineries jumped 9.2% year on year in October, to breach the 13 million b/d mark for the second time ever, at 13.68 million b/d,