December 2022

The Worldwide Rig Count for November was 1,890, down 3 from the 1,893 counted in October 2022,and up 346 from the 1,544 counted in November 2021.

U.S. Rig Count is unchanged from last week at 784, Canada Rig Count is up 1 from last week to 195.

Brent crude futures were up 20 cents or 0.23% at $87.08 per barrel, WTI gained 6 cents or 0.07% to $81.28 per barrel.

In June the EU announced that, come December 5th, it would ban imports of Russian seaborne crude oil, which accounted for 2m barrels per day (b/d), or about 40% of Russia’s total crude exports, a year ago.

Средняя цена на нефть марки Urals в январе-ноябре 2022 года сложилась в размере $78,32 за баррель, в январе-ноябре 2021 года - $68,66 за баррель.

Gas prices are four times higher than normal for this time of year, fueling inflation and hurting economies.

Стороны обсудили перспективы взаимодействия в нефтяной и газовой сферах, в том числе связанные с поставками углеводородов.

The plant in the northeastern town of Saint-Avold indeed halted coal production as scheduled earlier this year — but not for long. This week, its workers were back at the controls, transporting coal from storage heaps and refiring furnaces, as part of emergency efforts to keep the heat and electricity on this winter.

Some €5 billion ($5.22bn) has been released for the first steps but the cabinet has not said exactly how much the government will ultimately contribute.

U.S. commercial crude oil inventories decreased by 12.6 million barrels to 419.1 million barrels.