All publications by tag «OIL»
2017, February, 18, 19:00:00
U.S. RIGS UP 10
U.S. Rig Count is up 237 rigs from last year's count of 514, with oil rigs up 184, gas rigs up 52, and miscellaneous rigs up 1.
Canadian Rig Count is up 125 rigs from last year's count of 206, with oil rigs up 85 and gas rigs up 40.
2017, February, 17, 19:00:00
U.S. OIL PRODUCTION UP
U.S. crude oil production increased for the second consecutive month in November 2016, the first consecutive monthly increase since April 2015.
2017, February, 14, 19:30:00
CHINA OIL IMPORTS DOWN
The country imported 34.03 million mt of crude in January, down 6.5% from the record high of 36.38 million mt in December despite surging 27.5% on the year.
2017, February, 14, 19:00:00
U.S. OIL GAS PRODUCTION UP AGAIN
U.S. oil production will up 80 tbd, gas production will up 524 mcfd.
2017, February, 11, 19:00:00
U.S. RIGS UP 12
U.S. Rig Count is up 200 rigs from last year's count of 541, with oil rigs up 152, gas rigs up 47, and miscellaneous rigs up 1.
Canadian Rig Count is up 130 rigs from last year's count of 222, with oil rigs up 89 and gas rigs up 41.
2017, February, 10, 18:55:00
GLOBAL OIL PRODUCTION DOWN
Oil supplies fell by around 1.5 million barrels per day last month, including by 1 million bpd for OPEC, leading to record initial compliance of 90 percent with a six-month output-cut deal reached in December by big producers to boost prices.
2017, February, 10, 18:45:00
IRANIAN OIL UP
Iran's crude oil and condensate exports rose 3% month on month in January as it continued to regain market share, widening its appeal among refiners around the globe in the process.
2017, February, 9, 18:50:00
OIL PRICES: ABOVE $56 NOW
Benchmark Brent crude LCOc1 was up 50 cents a barrel at $55.62 per barrel by 1130 GMT. U.S. light crude CLc1 was 50 cents higher at $52.84 a barrel.
2017, February, 9, 18:40:00
OIL & GAS WEAKNESS
The executives predicted slower growth as “they forecast oil prices to take a long time to rebound to US$70 per barrel,” the point at which prices started to plunge two years ago, said Wu Yi, DNV’s business development manager for China, South Korea and Japan.
2017, February, 9, 18:30:00
SUNCOR NET EARNINGS $445 MLN
‘‘Suncor generated $2.4 billion in cash in the fourth quarter thanks to strong contributions from all of our assets and our focus on cost management,’’ said Steve Williams, president and chief executive officer. ‘‘Reliable performance throughout the year has helped us overcome challenging crude pricing and the major production outage associated with the Fort McMurray forest fires, resulting in annual cash flow significantly exceeding our annual sustaining capital and dividend commitments.’’