Analysis
2022, May, 23, 13:05:00
GERMANY, QATAR LNG DEVELOPMENT
The new pact, inked during a Qatari state visit to Germany, comes as Berlin looks to fast-track a number of new LNG import terminals to reduce its dependence on Russian gas imports.
2022, May, 23, 13:00:00
GERMAN LNG TERMINALS DEVELOPMENT
The invasion of Ukraine by Russia has made it clear for all actors in Germany: diversification of gas imports is urgently needed.
2022, May, 23, 12:55:00
NORWAY OIL, GAS PRODUCTION 1.87 MBD
Preliminary production figures for April 2022 show an average daily production of 1 871 000 barrels of oil, NGL and condensate.
2022, May, 23, 12:50:00
U.S. RIGS UP 14 TO 728
U.S. Rig Count is up 14 from last week to 728, Canada Rig Count is unchanged from last week at 88.
2022, May, 20, 12:20:00
OIL PRICE: BRENT NEAR $112, WTI NEAR $112
Brent fell 59 cents, or 0.53%, to $111.45 a barrel , WTI fell 56 cents, or 0.5%, to $111.65 .
2022, May, 20, 12:15:00
OPEC OIL PRICE: $112.04
The price of OPEC basket of thirteen crudes stood at $112.04 a barrel on Thursday
2022, May, 20, 12:05:00
RUSSIAN OIL FOR CHINA UP
China's seaborne Russian oil imports will jump to a near-record 1.1 million barrels per day (bpd) in May, up from 750,000 bpd in the first quarter and 800,000 bpd in 2021,
2022, May, 19, 14:00:00
OIL PRICE: BRENT ABOVE $107, WTI ABOVE $107
Brent were down $1.25, or 1.2%, at $107.86 a barrel, WTI fell $1.96, or 1.8%, to $107.63 a barrel.
2022, May, 19, 13:55:00
OPEC OIL PRICE: $114.94
The price of OPEC basket of thirteen crudes stood at $114.94 a barrel on Wednesday
2022, May, 19, 13:50:00
EUROPEAN ENERGY SUICIDE
Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.
2022, May, 19, 13:15:00
U.S. OIL INVENTORIES DOWN BY 3.4 MB TO 420.8 MB
U.S. commercial crude oil inventories decreased by 3.4 million barrels to 420.8 million barrels.
2022, May, 18, 12:15:00
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $114
Brent was up 23 cents, or 0.2%, at $112.16 a barrel, WTI climbed 71 cents, or 0.6%, to $113.11 a barrel.
2022, May, 18, 12:10:00
OPEC OIL PRICE: $117.20
The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday
2022, May, 18, 12:05:00
INDIA'S OIL DEMAND UPDOWN
India's oil demand is expected to grow by 245,000 b/d year on year in 2022, revised up by about 20,000 b/d from an earlier outlook, due to better-than-expected demand trends.
2022, May, 18, 12:00:00
CHINA COAL PRODUCTION UP ANEW
China's domestic coal production hit a high of 395.79 million mt in March, before slipping to around 362.80 million mt in April
