All publications by tag «OIL»
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2022, February, 24, 12:30:00
OIL PRICE: ABOVE $103
Brent rose to as much as $103.78 a barrel, WTI jumped $5.48, or 6%, to $97.58 a barrel.
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2022, February, 23, 13:15:00
OIL PRICE: NEAR $96
Brent rose 11 cents, or 0.01%, to $96.95 a barrel, WTI were up 6 cents, or 0.07%, to $91.97 a barrel.
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2022, February, 22, 13:10:00
OIL PRICE: NEAR $99
Brent was up $3.48, or 3.7%, at $98.87, WTI jumped $4.41, or 4.8%, to $95.48.
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2022, February, 22, 13:00:00
OPEC+ RUSSIA STABILISATION
OPEC, along with 10 allies led by Russia, has been gradually easing back production quotas it implemented at the start of the coronavirus pandemic by 400,000 b/d each month, aiming to return to pre-pandemic output levels by late 2022.
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2022, February, 21, 11:55:00
OIL PRICE: ABOVE $93
Brent slipped to $93.14 a barrel, down 40 cents or 0.4%, after earlier touching $95, WTI dropped 28 cents to $90.79 a barrel.
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2022, February, 21, 11:40:00
OIL PRICE FOR INDIA: $100
"In the current scenario, [the] demand for oil has outpaced production growth as economies slowly rebound from the worst of the pandemic, leaving the market with a small buffer to mitigate an oil supply shock," Singh said.
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2022, February, 18, 11:50:00
OIL PRICE: NEAR $92
Brent fell 65 cents, or 0.7%, to $92.32 a barrel, WTI shed 71 cents, or 0.7%, to $91.05 a barrel.
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2022, February, 18, 11:10:00
U.S. OIL INVENTORIES UP BY 1.1 MB TO 411.5 MB
U.S. commercial crude oil inventories increased by 1.1 million barrels from the previous week to 411.5 million barrels.
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2022, February, 17, 14:15:00
OIL PRICE: BELOW $93
Brent was down $1.26, or 1.3%, at $93.55 a barrel, WTI was down $1.34, or 1.4%, at $92.32.
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2022, February, 17, 13:50:00
U.S. OIL PRODUCTION WILL RISE
U.S. crude oil production will increase to 12.0 million b/d in 2022, up 760,000 b/d from 2021.