All publications by tag «OIL»
2022, June, 22, 09:45:00
OPEC+ ZERO PRODUCTION
The final boost will come in August. By then, OPEC+ will be running out of spare production capacity.
2022, June, 21, 15:05:19
OIL PRICE: BRENT ABOVE $115, WTI ABOVE $110
Brent rose $1.23, or 1.1%, to $115.36 a barrel, WTI rose $1.57, or 1.4%, to $111.13.
2022, June, 21, 15:00:00
OPEC OIL PRICE: $113.54
The price of OPEC basket of thirteen crudes stood at $113.54 a barrel
2022, June, 21, 14:45:00
RUSSIAN OIL FOR S. KOREA DOWN
Although there are still some Russian crude supplies tied to quarterly and half-yearly term contracts, South Korea will eventually halt Russian oil purchases
2022, June, 21, 14:15:00
NORWAY OIL, GAS PRODUCTION 1.831 MBD
Preliminary production figures for May 2022 show an average daily production of 1 831 000 barrels of oil, NGL and condensate.
2022, June, 20, 12:55:00
OIL PRICE: BRENT NEAR $113, WTI NEAR $110
Brent rose 42 cents, or 0.4%, to $113.54 a barrel, WTI was at $109.85 a barrel, up 29 cents, or 0.3%.
2022, June, 20, 12:50:00
OPEC OIL PRICE: $118.97
The price of OPEC basket of thirteen crudes stood at $118.97 a barrel
2022, June, 20, 12:30:00
OIL MARKET RECONFIGURATION
Non-sanctioning countries including India and China have significantly increased imports of Russian oil since the invasion began Feb. 24, taking advantage of major price discounts.
2022, June, 20, 12:25:00
RUSSIAN OIL FOR CHINA UP
Crude imports rose 55% from a year ago to 8.42 million tons, with Russia overtaking Saudi Arabia as China’s main source of oil, according to customs data released on Monday.
2022, June, 20, 11:55:00
U.S. ENERGY DEFICIT
Just when it didn’t seem things couldn’t get worse — gasoline at $5 to $8 a gallon, supply shortages in everything from baby formula to new cars — comes the devastating news that many of us will endure electricity blackouts this summer.