Analysis
2022, June, 13, 14:55:00
OPEC OIL PRICE: $123.19
The price of OPEC basket of thirteen crudes stood at $123.19 a barrel
2022, June, 13, 14:15:00
U.S. RIGS UP 6 TO 733
U.S. Rig Count is up 6 from last week to 733, Canada Rig Count is up 24 from last week to 141.
2022, June, 10, 14:50:00
OIL PRICE: BRENT ABOVE $123, WTI ABOVE $121
Brent was up 40 cents, or 0.3%, at $123.47 a barrel, WTI rose 30 cents, or 0.3%, to $121.81 a barrel.
2022, June, 10, 14:45:00
OPEC OIL PRICE: $123.21
The price of OPEC basket of thirteen crudes stood at $123.21 a barrel on Thursday,
2022, June, 10, 14:40:00
OIL PRICES 2022-23: $108 - $97
The Brent price will average $108/b in the second half of 2022 (2H22) and then fall to $97/b in 2023.
2022, June, 10, 13:50:00
U.S. OIL INVENTORIES UP BY 2.0 MB TO 416.8 MB
U.S. commercial crude oil inventories increased by 2.0 million barrels to 416.8 million barrels.
2022, June, 7, 11:30:00
OIL PRICE: BRENT NEAR $120, WTI NEAR $119
Brent were up 28 cents, or 0.2%, at $119.79 barrel, WTI were up 31 cents, or 0.3%, at $118.81 a barrel.
2022, June, 7, 10:55:00
U.S. RENEWABLES RISES
In March alone, wind (1,418-MW) and solar (240-MW) accounted for 100% of the new capacity brought on-line for the month.
2022, June, 6, 13:05:00
OIL PRICE: BRENT NEAR $120, WTI ABOVE $119
Brent firmed 32 cents, or 0.3%, to $120.04 a barrel, WTI were up 40 cents, or 0.3%, at $119.27 a barrel.
2022, June, 6, 12:55:00
INDIA'S HYDROGEN RISE
India, one of the world’s biggest fossil fuel importers, is also seeking to cut its reliance on oil given its import bill is expected to almost double to $300 billion in the coming decade
2022, June, 6, 12:50:00
AUSTRALIA'S VPP DEVELOPMENT
Australia has more household solar per person than any other country. With the parallel growth of behind-the-meter (BTM) batteries, companies are seizing the opportunity to create Virtual Power Plants (VPPs)
2022, June, 6, 12:45:00
AUSTRALIA'S WIND 1 GW, $2 BLN
Construction begins at largest wind farm in Australia
2022, June, 6, 12:35:00
WORLDWIDE RIG COUNT UP 25 TO 1,628
The Worldwide Rig Count for May was 1,628, up 25 from the 1,603 counted in April 2022,and up 366 from the 1,262 counted in May 2021.
2022, June, 6, 12:30:00
U.S. RIGS UP 0 TO 727
U.S. Rig Count is is down 0 from last week to 727, Canada Rig Count is up 14 from last week to 117.
2022, June, 3, 13:25:00
OIL PRICE: BRENT NEAR $118, WTI NEAR 116
Brent fell 85 cents, or 0.7%, to $116.76 a barrel, WTI slipped 88 cents, or 0.8%, to $115.99.
