Analysis
2022, January, 26, 12:45:00
OIL PRICE: NEAR $89
Brent rose 61 cents, or 0.7%, to $88.81, WTI was up 25 cents, or 0.3%, to $85.85.
2022, January, 25, 13:10:00
OIL PRICE: NOT ABOVE $88
Brent rose 61 cents, or 0.7%, to $86.88 a barrel, WTI climbed 44 cents, or 0.5%, to $83.75 a barrel.
2022, January, 24, 12:25:00
OIL PRICE: ABOVE $88
Brent rose 58 cents, or 0.7%, to $88.47 a barrel, WTI gained 57 cents, or 0.7%, to $85.71 a barrel.
2022, January, 24, 12:00:00
BRAZIL ELECTRICITY DEMAND UP
Brazil's electricity demand increased by 4.1% in 2021 to an average of 64.7 GW, according to Cámara de Comercialização de Energia Elétrica (CCEE).
2022, January, 24, 11:50:00
U.S. RIGS UP 3 TO 604
U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.
2022, January, 21, 11:20:00
OIL PRICE: NEAR $87 AGAIN
Brent were down $1.00, or 1.1%, to $87.38 a barrel, WTI slid $1.16, or 1.4%, to $84.39 a barrel.
2022, January, 21, 11:10:00
CHINA LPG IMPORTS DOWN
Propane imports fell 11.5% month on month to 1.46 million mt in December, which was partially offset by butane imports rising 9.6% over the same period to 416,006 mt,
2022, January, 21, 10:40:00
U.S. OIL INVENTORIES UP BY 0.5 MB TO 413.8 MB
U.S. commercial crude oil inventories increased by 0.5 million barrels from the previous week to 413.8 million barrels.
2022, January, 20, 15:55:00
OIL PRICE: NEAR $88 ANEW
Brent were down 39 cents, or 0.4%, at $88.05 a barrel, WTI were down 29 cents, or 0.3%, at $86.67 a barrel.
2022, January, 20, 15:50:00
GLOBAL OIL DEMAND WILL UP TO 100 MBD
World oil demand was seen rising by 5.5 million b/d in 2021 and by 3.3 million b/d in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 b/d to 99.7 million b/d.
2022, January, 20, 15:35:00
GAS COMPETITION OF EUROPE, CHINA
Moscow plans to build a new pipeline to China, which could give Russia the power to sell gas to the highest bidder, pitting Chinese and European consumers against one another.
2022, January, 19, 11:00:00
OIL PRICE: NEAR $88
Brent rose 87 cents, or 1%, to $88.38 a barrel, WTI climbed $1.03, or 1.2%, to $86.46 a barrel.
2022, January, 19, 10:50:00
OIL PRICE WILL BE $100
Global oil demand is seen rising 3.5 million barrels per day (bpd) year-on-year in 2022, with fourth-quarter demand reaching 101.6 million bpd.
2022, January, 19, 10:45:00
OIL PRICE MOVING ABOVE $80
There has also been signs of decoupling between the Russian Ruble and the BRENT Oil price as shown on the chart since the start of 2021.
2022, January, 19, 10:35:00
U.S. GAS PRODUCTION DOWN
While US gas production was largely unchanged in the 2020 to 2021 new year, production declines of varying magnitudes and durations were recorded over at least the five new year's prior, dating back to the 2015-2016 winter season.
