All publications by tag «OIL»
![All publications by tag](/cache/05-18/rig-45.4ccae288.png)
2018, May, 21, 10:30:00
U.S. RIGS UP 1 TO 1,046
BAKER HUGHES A GE - U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up 1 to 200, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 4 rigs from last week to 83, with oil rigs up 6 to 38 and gas rigs down 2 to 45.
![All publications by tag](/cache/05-18/price-826.c52446a9.png)
2018, May, 18, 09:20:00
OIL PRICE: ABOVE $79
REUTERS - Brent crude futures LCOc1 were at $79.57 per barrel at 0310 GMT, up 27 cents, or 0.3 percent from their last close. Brent broke through $80 for the first time since November 2014 on Thursday. U.S. West Texas Intermediate (WTI) crude futures were at $71.62 a barrel, up 13 cents, or 0.2 percent, from their last settlement.
![All publications by tag](/cache/05-2017/price-820.649a0de8.png)
2018, May, 18, 09:15:00
MARKETS IN BALANCE
EIA - The extended period of oversupply in global petroleum markets that began before the Organization of the Petroleum Exporting Countries (OPEC) November 2016 agreement to cut production has ended, and the large buildup of global inventories during that period has now been drawn down. As OPEC plans to reconvene on June 22, markets now appear more in balance, but uncertainty remains going forward.
![All publications by tag](/cache/05-18/PRICE-823.79f43ea8.png)
2018, May, 18, 09:10:00
TIGHT MARKET BALANCE
IEA - Because of rising prices, we lowered our estimate for 2018 global oil demand growth by 40 kb/d to 1.4 mb/d, and we increased our expectation for US oil production growth this year by 120 kb/d.
![All publications by tag](/cache/05-18/OIL-501.db7aaf1b.png)
2018, May, 18, 09:00:00
INDIA'S OIL IMPORTS UP 2.5%
REUTERS - India’s oil imports from Iran surged to 640,000 barrels per day (bpd) in April, its highest level since October 2016, according to data from shipping and industry sources, as refiners raised purchases ahead of looming U.S. sanctions against Tehran.
![All publications by tag](/cache/05-18/PRICE-817.034de347.png)
2018, May, 16, 12:35:00
OIL PRICE: ABOVE $77 ANEW
REUTERS - Brent crude futures were at $78.22 per barrel at 0644 GMT, down 21 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $71.03 a barrel, down 28 cents, or 0.4 percent, from their last settlement.
![All publications by tag](/cache/05-18/PRICE-811.53603f28.png)
2018, May, 16, 12:30:00
OIL MARKET BALANCE
PLATTS - "It is too early to say [what the impact of the US decision on the oil market will be]. In any case, we have all the tools that could be used to balance the market," Novak said, commenting on the potential impact of the move on the oil markets.
![All publications by tag](/cache/05-18/INDIA-60.c4f5a5d8.png)
2018, May, 16, 12:15:00
INDIA'S OIL DEMAND UP 4.5%
BLOOMBERG - India’s oil consumption surged 4.5 percent in April as industrial activity gathered pace in Asia’s third-largest economy and sales of trucks and buses soared.
![All publications by tag](/cache/05-18/NIGERIA-29.b800c90a.png)
2018, May, 16, 12:00:00
HEAVY NIGERIAN OIL
BLOOMBERG - Nigerian National Petroleum Corp., the Abuja-based behemoth that dominates the OPEC member’s energy industry, has made losses for at least the last three years,
![All publications by tag](/cache/05-18/usa-648.8c9841e2.png)
2018, May, 16, 11:55:00
U.S. OIL PRODUCTION + 144 TBD, GAS PRODUCTION + 1,092 MCFD
EIA - Crude oil production from the major US onshore regions is forecast to increase 144,000 b/d month-over-month in June from 7,034 to 7,178 thousand barrels/day , gas production to increase 1,092 million cubic feet/day from 67,027 to 68,119 million cubic feet/day .