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Upstream

Upstream
2020, October, 30, 13:50:00
OIL PRICE: ABOVE $37
Brent slipped for a third day and was down 51 cents, 1.4%, at $37.14 a barrel, WTI declined 48 cents, or 1.3%, to $35.69 a barrel.
Upstream
2020, October, 29, 17:15:00
OIL PRICE: NOT ABOVE $37
Brent were down $1.96, or 5%, at $37.16, WTI fell $1.94, or 5.2%, to $35.45.
Upstream
2020, October, 29, 17:10:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 492.4 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels to 492.4 million barrels,
Upstream
2020, October, 29, 17:00:00
NORWAY'S OIL & GAS PRODUCTION 1.722 MBD ANEW
Preliminary production figures for September 2020 show an average daily production of 1 772 000 barrels of oil, NGL and condensate.
Upstream
2020, October, 28, 14:15:00
OIL PRICE: NEAR $40
Brent were down $1.20, or 2.9%, at $40 a barrel, WTI was down $1.49, or 3.7%, at $38.08.
Upstream
2020, October, 28, 13:55:00
U.S., IRAN SANCTIONS ANEW
Iran sanctions relief under a change in US president represents the biggest supply and price impact for global oil markets
Upstream
2020, October, 27, 14:50:22
OIL PRICE: NEAR $41 ANEW
Brent was up 52 cents, or 1.3%, at $40.98 a barrel, WTI gained 38 cents, or 1%, to $38.94.
Upstream
2020, October, 27, 14:25:00
LIBYAN OIL RECOVERY
Libya's crude and condensate output has more than quintupled over the past month, averaging just close to 600,000 b/d on Oct. 26 as more oil fields in the southwest and southeast have restarted operations, sources added.
Upstream
2020, October, 27, 14:05:00
NOV VARCO NET LOSS $55 MLN
National Oilwell Varco, Inc. (NYSE: NOV) today reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019.
Upstream
2020, October, 26, 14:05:00
OIL PRICE: NEAR $41
Brent was down $1.08, or 2.6%, at $40.69 a barrel, WTI dropped $1.05, or 2.6%, to $38.80.
Upstream
2020, October, 26, 14:00:00
U.S. SHALE SURVIVORS
The sector is in full-on merger mode in response to oil prices that have been stuck at around $40 a barrel in recent months after the Covid-19 pandemic hit global demand.
Upstream
2020, October, 26, 13:55:00
SHAKY OIL MARKET
Saudi Energy Minister Prince Abdulaziz bin Salman, who has warned his counterparts of the market's shaky footing and the need to be proactive on production policy, could very well welcome any lobbying by the Trump administration, if global oil demand prospects do not improve.
Upstream
2020, October, 26, 13:50:00
CHINA NEED GAS
CNOOC’s hydrocarbon output increased from 475 mboe in 2018 to 506.5 mboe in 2019 (+6.6%).
Upstream
2020, October, 26, 13:20:00
U.S. RIGS UP 5 TO 287
U.S. Rig Count is up 5 from last week to 287, Canada Rig Count is up 3 from last week to 83,
Upstream
2020, October, 23, 16:15:00
OIL PRICE: ABOVE $42 ANEW
Brent rose 20 cents, or 0.5%, to $42.66 a barrel, WTI added 15 cents, or 0.4%, to $40.79.