All publications by tag «OIL»
2024, September, 9, 07:00:00
OIL PRICE: BRENT NEAR $72, WTI ABOVE $68
Brent were up 99 cents, or 1.39%, at $72.05 a barrel, WTI rose $1, or 1.48%, to $68.67 a barrel.
2024, September, 9, 06:55:00
OPEC+ PRODUCTION CUTS
In recognition of this strengthened resolve and renewed firm commitment, the eight participating countries have agreed to extend their additional voluntary production cuts of 2.2 million barrels per day for two months until the end of November 2024,
2024, September, 9, 06:20:00
WORLDWIDE RIG COUNT UP 22 TO 1,735
The Worldwide Rig Count for August was 1,735, up 22 from the 1,713 counted in July 2024, and down 53, from the 1,788 counted in August 2023.
2024, September, 6, 07:00:00
OIL PRICE: BRENT NEAR $73, WTI ABOVE $69
Brent rose 19 cents, or 0.26%, to $72.88, WTI were up 22 cents, or 0.32%, to $69.37.
2024, September, 6, 06:20:00
GLOBAL MARKETS : TRIFLE TAWDRY
Our benchmark BRENT has slipped in further escalating talks of SPR replenishment vis a vis supply conversations amidst the Chinese Data and US PMI data.We are at the confluence of both head and tail winds friends.
2024, September, 3, 07:00:00
OIL PRICE: BRENT ABOVE $77, WTI ABOVE $73
Brent were down 37 cents, or 0.48%, to $77.15 a barrel. WTI was 28 cents up from its Friday close of $73.55.
2024, September, 3, 06:40:00
OPEC+ PRODUCTION CAN RISE
Led by Saudi Arabia and Russia, the Organization of Petroleum Exporting Countries and its allies are due to add 180,000 barrels a day as they gradually restore output that’s been halted since 2022.
2024, August, 28, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI NEAR $76
Brent were up 25 cents, or 0.31%, at $79.80 a barrel, WTI rose 17 cents, or 0.23%, to trade at $75.70.
2024, August, 22, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI NEAR $72
Brent were 3 cents up to $76.08 a barrel, WTI fell 5 cents to trade at $71.88.
2024, August, 15, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI ABOVE $77
Brent climbed 17 cents, or 0.21%, to $79.93 a barrel, WTI increased by 21 cents, or 0.27%, to $77.19 per barrel.