All publications by tag «OIL»
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2022, April, 13, 12:55:00
GLOBAL OIL DEMAND 2022: +3.7 MBD
For 2022, world oil demand growth is revised down by 0.5 mb/d to stand at 3.7 mb/d, mostly reflecting the downward revision in world economic growth. Oil demand growth is forecast at 1.9 mb/d in the OECD and 1.8 mb/d in the non-OECD.
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2022, April, 13, 12:50:00
OIL PRICES 2022: $108 - $102
The Brent price will average $108/b in 2Q22 and $102/b in the second half of 2022 (2H22).
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2022, April, 12, 13:10:00
OIL PRICE: BRENT ABOVE $101, WTI NEAR $97
Brent were up $2.98 or 3.03% to $101.46 a barrel, WTI was up $3 or 3.18% to $97.29 a barrel.
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2022, April, 12, 13:05:00
RUSSIA UNDER SANCTIONS
Russia's invasion has driven up the price of the oil, gas and grain it exports, providing it with a substantial windfall to fund its "special military operation" - now entering a new phase as Moscow focuses on the eastern Donbas region after failing to break Ukraine's defence of the capital Kyiv.
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2022, April, 12, 12:25:00
CHINA'S CNOOC NEED INVESTMENT $4.4 BLN
The Chinese oil group CNOOC is seeking to raise CNY28.1bn (US$4.4bn) in a share listing in Shanghai (China), offering CNY10.8/share (US$1.7/share).
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2022, April, 11, 13:30:00
OIL PRICE: BRENT ABOVE $100, WTI ABOVE $95
Brent was down $2.08, or 2%, at $100.70 a barrel, WTI lost $2.19, or 2.2%, to $96.07.
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2022, April, 11, 13:25:00
OPEC OIL PRICE: $100.12
The price of OPEC basket of thirteen crudes stood at $100.12 a barrel
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2022, April, 11, 13:10:00
U.S. WRECKING ENERGY MARKETS
Vladimir Putin likely sees the global energy shortage and lack of energy security as an opportunity to advance Russia’s interests in Ukraine, knowing that Europe has no other choice than to buy their petroleum.
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2022, April, 11, 13:05:00
U.S. HYDROCARBONS WAR
A viable renewable energy backstop to oil & gas production does not now exist to guarantee Americans cost-effective, reliable, and 24/7 energy availability
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2022, April, 11, 12:50:00
U.S. RIGS UP 16 TO 689
U.S. Rig Count is up 16 from last week to 689, Canada Rig Count is down 13 from last week to 111.