All publications by tag «OIL»
2022, October, 6, 13:15:00
CHINA OIL DEMAND DOWN
China’s crude oil imports peaked in late 2020 and early 2021 before decreasing as a result of lower domestic demand and higher global crude oil prices.
2022, October, 5, 13:15:00
OIL PRICE: BRENT ABOVE $91, WTI NEAR $86
Brent was down 23 cents, or 0.3%, at $91.57 a barrel, WTI fell 32 cents, or 0.4%, to $86.20 a barrel.
2022, October, 4, 14:45:45
OIL PRICE: BRENT ABOVE $89, WTI NEAR $84
Brent was up 79 cents, or 0.9%, to $89.65 per barrel, WTI rose 60 cents, or 0.7%, to $84.23 a barrel.
2022, October, 4, 14:40:00
OPEC+ OUTPUT CUT
Russia currently forecasts a further drop in Urals oil price over the next three years – to $70.1/b in 2023, $67.5/b in 2024, and $65/b in 2025. Its 2022 forecast is $80/b.
2022, October, 3, 12:30:00
OIL PRICE: BRENT ABOVE $87, WTI ABOVE $81
Brent rebounded $2.36, or 2.8%, to $87.50 a barrel, WTI was up 2.9%, or $2.27, at $81.76 a barrel.
2022, October, 3, 11:50:00
U.S. RIGS UP 1 TO 765
U.S. Rig Count is up 1 from last week to 765, Canada Rig Count is down 2 from last week to 213.
2022, September, 30, 10:05:00
OIL PRICE: BRENT ABOVE $88, WTI ABOVE $81
Brent inched down 10 cents or 0.1% to $88.39 a barrel, WTI rose 0.1% or by 9 cents to $81.32 a barrel.
2022, September, 29, 14:10:00
OIL PRICE: BRENT ABOVE $89, WTI ABOVE $82
Brent rose 52 cents, or 0.6%, to $89.84 a barrel, WTI rose by 52 cents, or 0.6%, to $82.67.
2022, September, 29, 13:35:00
INDONESIA NEED RUSSIAN OIL
Although Pertamina remains cautious and the company declined to make official comments on any concrete plans to purchase Russian crude going forward, Ambara Jaya said that the state-run refiner finds several Russian crude grades to be suitable feedstocks.
2022, September, 29, 13:30:00
U.S. OIL INVENTORIES DOWN BY 0.2 MB TO 430.6 MB
U.S. commercial crude oil inventories decreased by 0.2 million barrels to 430.6 million barrels.