Analysis
2022, May, 25, 11:30:00
INDIA REDUCES OIL PRICES
India's federal government decided to cut the excise duty on petrol and diesel in an attempt to rein in high levels of inflation.
2022, May, 25, 11:15:00
EUROPEAN GAS AMBITIONS
As a result, short-term gas prices in Britain, France and Spain have tumbled to as little as a third of those in markets including the Netherlands and Germany,
2022, May, 25, 11:10:00
BRITAIN'S ENERGY SHOCK
The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem Chief Executive Officer Jonathan Brearley told a panel of lawmakers on Tuesday.
2022, May, 23, 13:25:00
OIL PRICE: BRENT NEAR $114, WTI NEAR $112
Brent rose $1.12 or 1% to $113.67 a barrel, WTI climbed 96 cents, or 0.9%, to $111.24 a barrel.
2022, May, 23, 13:20:00
OPEC OIL PRICE: $114.79
The price of OPEC basket of thirteen crudes stood at $114.79 a barrel on Friday,
2022, May, 23, 13:15:00
RUSSIAN OIL DISCOUNTS
The discounted Russian Urals had helped to boost refining margins and operation rates for independent refineries.
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