Upstream
2024, May, 15, 06:30:00
COMMODITIES : RUNNING AMOK
The OECD's growth forecast for Russia has been significantly revised upward—from 1.8% to 2.6% for this year, placing it sixth globally.
2024, May, 14, 07:00:00
OIL PRICE: BRENT BELOW $84, WTI ABOVE $79
Brent inched 4 cents higher to $83.40 a barrel, WTI rose 5 cents to $79.17 a barrel.
2024, May, 8, 07:00:00
OIL PRICE: BRENT BELOW $83, WTI ABOVE $78
Brent fell 30 cents, or 0.36%, to $82.86 a barrel, WTI fell 25 cents, or 0.32%, to $78.13 a barrel.
2024, May, 8, 06:55:00
RUSSIAN OIL REVENUE UP TWICE
Proceeds for the Russian budget from oil-related taxes jumped to 1.053 trillion rubles ($11.5 billion) last month compared to nearly 497 billion rubles in April 2023, according to Bloomberg calculations based on Finance Ministry data. Total oil and gas revenues in April increased nearly 90% year-on-year, to 1.23 trillion rubles, according to the data.
2024, May, 7, 07:00:00
OIL PRICE: BRENT BELOW $84, WTI NEAR $79
Brent were up 23 cents, or 0.28%, at $83.56 per barrel , WTI rose 24 cents, or 0.31%, to $78.72 a barrel.
2024, May, 7, 06:55:00
SAUDI'S OIL PRICES UP
Differentials for the flagship Arab Light grade were priced at Platts Dubai/DME Oman +$2.90 per barrel, up from +$2 a barrel in April.
2024, May, 6, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI ABOVE $78
Brent climbed 28 cents, or 0.3%, to $83.24 a barrel , WTI were at $78.40 a barrel, up 29 cents, or 0.4%.
2024, May, 6, 06:15:00
WORLDWIDE RIG COUNT DOWN 67 TO 1,726
The Worldwide Rig Count for April was 1,726, down 67 from the 1,793 counted in March 2024, and down 82,from the 1,808 counted in April 2023.
2024, May, 3, 07:00:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $79
Brent rose 16 cents to $83.83 a barrel, WTI rwas up 19 cents to $79.14 per barrel.
2024, April, 26, 07:00:00
OIL PRICE: BRENT ABOVE $89, WTI ABOVE $83
Brent gained 31 cents, or 0.4%, to $89.32 a barrel, WTI rose by 23 cents, or 0.3%, to $83.80 a barrel.
2024, April, 23, 07:00:00
OIL PRICE: BRENT ABOVE $87, WTI ABOVE $82
Brent traded 27 cents higher at $87.27 a barrel, WTI gained 26 cents to $82.16 a barrel.
2024, April, 23, 06:55:00
SAUDI'S CRUDE PRODUCTION UP
The data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent.
2024, April, 17, 07:00:00
OIL PRICE: BRENT ABOVE $89, WTI ABOVE $84
Brent slipped 56 cents, or 0.62%, to $89.46 a barrel, WTI fell 63 cents, or 0.74%, to $84.73 a barrel.
2024, April, 17, 06:50:00
CHINA, INDIA OIL & GAS PRODUCTION UP
India's overall oil and gas output rose 1.3% on the year to 1.15 million boe/d in 2023. China's upstream story sounds relatively more promising at this stage.
2024, April, 12, 07:00:00
OIL PRICE: BRENT ABOVE $90, WTI ABOVE $85
Brent climbed 51 cents, or 0.57%, to $90.25 a barrel, WTI rose 61 cents, or 0.72%, to $85.63.