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All publications by tag «OIL»

All publications by tag
2024, April, 17, 07:00:00
OIL PRICE: BRENT ABOVE $89, WTI ABOVE $84
Brent slipped 56 cents, or 0.62%, to $89.46 a barrel, WTI fell 63 cents, or 0.74%, to $84.73 a barrel.
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2024, April, 17, 06:50:00
CHINA, INDIA OIL & GAS PRODUCTION UP
India's overall oil and gas output rose 1.3% on the year to 1.15 million boe/d in 2023. China's upstream story sounds relatively more promising at this stage.
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2024, April, 12, 07:00:00
OIL PRICE: BRENT ABOVE $90, WTI ABOVE $85
Brent climbed 51 cents, or 0.57%, to $90.25 a barrel, WTI rose 61 cents, or 0.72%, to $85.63.
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2024, April, 12, 06:50:00
RUSSIAN OIL PRICE ABOVE $80
While Urals has been above $60 almost all year, this month’s surge to well above $70 will stretch the credibility of those attestations for traders wanting to keep using western services.
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2024, April, 12, 06:45:00
OIL PRICE COULD BE $100
Last week, OPEC+ said it would maintain its voluntary cuts until July. The cartel is expected to decide on its continued production cuts beyond then at its next full ministerial meeting scheduled for June 1.
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2024, April, 12, 06:40:00
WTI OIL PRICE ABOVE $86
#WTICrude OilPrice holds a two day declines and trades on high $84s/bbl price print after the API Report publications for the week stated that US oil stocks added 3.03m barrels last week, subtotalling towards the 3rd consecutive weekly addition prior to the EIA Report.
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2024, April, 12, 06:35:00
RUSSIA'S REVENUE UP
Russia observed “sustained positive dynamics” in the flow of money to the federal budget, according to a Finance Ministry statement on Monday. Revenues for the three months through March amounted to 8.7 trillion rubles ($94 billion), an increase of 53.5% compared with the same period last year, data from the ministry showed.
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2024, April, 12, 06:20:00
WORLDWIDE RIG COUNT DOWN 20 TO 1,793
The Worldwide Rig Count for March was 1,793, down 20 from the 1,813 counted in February 2024, and down 86,from the 1,878 counted in March 2023.
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2024, April, 8, 07:00:00
OIL PRICE: BRENT NEAR $90, WTI ABOVE $86
Brent dropped $1.42, or 1.6%, to $89.75 a barrel, WTI was at $85.59 a barrel, down $1.32, or 1.5%.
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2024, April, 8, 06:50:00
OPEC+ HIGH CONFORMITY
The Committee also welcomed the announcement by the Russian Federation that its voluntary adjustments in the second quarter of 2024 will be based on production instead of exports.