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2021-04-20 13:55:00

OIL PRICE: ABOVE $67 YET

OIL PRICE: ABOVE $67 YET

REUTERS - APRIL 20, 2021 -  Oil rose to $68 a barrel and hit its highest in a month on Tuesday, supported by disruption to Libyan exports and expectations of a drop in U.S. crude inventories, though rising coronavirus cases in Asia limited gains.

Libya declared force majeure on exports from the port of Hariga and said it could extend the measure to other facilities, citing a budget dispute. Hariga is scheduled to load about 180,000 barrels per day (bpd) in April.

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Earlier:

OIL PRICE: ABOVE $67 YET
2021, April, 19, 16:55:00
OIL PRICE: NEAR $67
Brent was down 2 cents at $66.75 a barrel. WTI was up 1 cent at $63.14 a barrel.
OIL PRICE: ABOVE $67 YET
2021, April, 19, 16:45:00
RUSSIAN OIL FOR U.S. 8%
Russian oil imports as a share of US total oil imports hit a record high of 8% in January 2021, according to data from the US Energy Information Administration, up from 4% during 2018.
OIL PRICE: ABOVE $67 YET
2021, April, 16, 12:20:00
OIL PRICE: ABOVE $67
Brent rose 28 cents, or 0.4%, to $67.22 a barrel. WTI added 20 cents, or 0.3%, to $63.66.
OIL PRICE: ABOVE $67 YET
2021, April, 15, 13:35:00
OIL PRICE: ABOVE $66
Brent was up by 16 cents at $66.74 a barrel. WTI rose 12 cents to $63.27 a barrel.
OIL PRICE: ABOVE $67 YET
2021, April, 15, 13:25:00
RUSSIA'S OIL WILL UP
Russia outlined protection of its market share in the international market as one of its main goals for 2021.
OIL PRICE: ABOVE $67 YET
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
OIL PRICE: ABOVE $67 YET
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
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Tags: OIL, PRICE, BRENT, WTI
Chronicle:
OIL PRICE: ABOVE $67 YET
2021, May, 12, 12:39:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
OIL PRICE: ABOVE $67 YET
2021, May, 12, 12:38:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets LIVE ONLINE COURSE OVER 4 SESSIONS Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
OIL PRICE: ABOVE $67 YET
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
OIL PRICE: ABOVE $67 YET
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
OIL PRICE: ABOVE $67 YET
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
OIL PRICE: ABOVE $67 YET
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
OIL PRICE: ABOVE $67 YET
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
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