All publications by tag «OIL»
2022, November, 7, 12:00:00
OPEC+, U.S. OIL RELATIONS
The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.
2022, November, 7, 11:30:00
WORLDWIDE RIG COUNT UP 40 TO 1,893
The Worldwide Rig Count for October was 1,893, up 40 from the 1,853 counted in September 2022,and up 389 from the 1,504 counted in October 2021.
2022, November, 7, 11:25:00
U.S. RIGS UP 2 TO 770
U.S. Rig Count is up 2 from last week to 770, Canada Rig Count is down 3 from last week to 209.
2022, November, 3, 12:25:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 YET
Brent dropped 85 cents, or 0.9%, to $95.30 a barrel, WTI fell $1.01, or 1.1%, to $88.99.
2022, November, 3, 11:50:00
U.S. OIL INVENTORIES DOWN BY 3.1 MB TO 436.8 MB
U.S. commercial crude oil inventories decreased by 3.1 million barrels to 436.8 million barrels.
2022, November, 2, 11:50:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 ANEW
Brent rose 54 cents, or 0.6%, to $95.19 a barrel, WTI rose 72 cents, or 0.8%, to $89.09 a barrel.
2022, November, 1, 17:15:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89
Brent rose $1.95, or 2.1%, to $94.76 per barrel, WTI rose $1.93, or 2.23%, to $88.46 a barrel.
2022, November, 1, 17:10:00
GLOBAL ENERGY DEMAND WILL UP BY 23%
Global primary energy demand is forecast to continue growing in the medium- and long-term, increasing by a significant 23% in the period to 2045. The world needs to annually add on average 2.7 million barrels of oil equivalent a day to 2045.
2022, October, 31, 12:15:00
OIL PRICE: BRENT BELOW $96, WTI BELOW $88
Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.
2022, October, 31, 12:10:00
RUSSIAN OIL UNCERTAINTY
The G7 and EU are finalizing details of a price cap that is intended to be implemented with the EU ban on seaborne Russian crude imports on Dec. 5 and Russian oil products on Feb. 5, 2023.