All publications by tag «OIL»
2023, March, 31, 07:30:00
INFLATION ; A MOVING TARGET
Banking crisis seems to be a regulatory issue not a monetary policy issue. Dollar may get a leg up higher soon despite the fluid situation. Natural credit tightening by banks being a factor to consider, also remembering the Core PCE Data during the week.
2023, March, 24, 07:40:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $69
Brent slid 48 cents, or 0.6%, to $75.43 a barrel, WTI dropped 52 cents, or 0.7%, to $69.44 a barrel.
2023, March, 24, 07:35:00
GLOBAL OIL DEMAND WILL UP BY 2.3 MBD
For 2023, the world oil demand growth forecast remains unchanged at 2.3 mb/d, with the OECD Americas and OECD Europe revised slightly lower, while China is revised higher, with jet/kerosene and gasoline leading demand growth.
2023, March, 24, 07:00:00
NORWAY OIL, GAS PRODUCTION 1.994 MBD
Preliminary production figures for February 2023 show an average daily production of 1 994 000 barrels of oil, NGL and condensate.
2023, March, 24, 06:55:00
U.S. OIL INVENTORIES UP BY 1.1 MB TO 481.2 MB
U.S. commercial crude oil inventories increased by 1.1 million barrels to 481.2 million barrels.
2023, March, 24, 06:45:00
U.S. OIL INVENTORIES UP BY 1.6 MB TO 480.1 MB
U.S. commercial crude oil inventories increased by 1.6 million barrels to 480.1 million barrels.
2023, March, 15, 07:20:00
OIL PRICE: BRENT ABOVE $78, WTI ABOVE $72
Brent climbed 93 cents, or 1.2%, to $78.38 a barrel, WTI gained 96 cents, or 1.4%, to $72.29 a barrel.
2023, March, 15, 06:35:00
WORLDWIDE RIG COUNT UP 23 TO 1,921
The Worldwide Rig Count for February was 1,921, up 23 from the 1,899 counted in January 2023,and up 252, from the 1,669 counted in February 2022.
2023, March, 10, 17:05:00
OIL PRICE: BRENT NEAR $81, WTI NEAR $75
Brent dipped 63 cents, or 0.8%, to $80.96 a barrel, WTI was down 69 cents, or 0.9%, at $75.03.
2023, March, 10, 16:55:00
RUSSIAN DIESEL FOR EUROPE DOWN
Prior to the sanctions, between October 2021 and September 2022, diesel imports from Russia made up 53% of Northwest Europe’s seaborne imports.