Upstream
2022, March, 30, 10:50:00
OPEC+ RUSSIA SUPPLY THE MARKET
Russian deputy prime minister Alexander Novak said March 23 that it was too early to talk about an adjustment to Russia's quota under the agreement, as Russia continues to supply the market.
2022, March, 30, 10:10:00
SINOPEC'S GAS PRODUCTION UP
Sinopec's crude oil production almost reached 280 mbl in 2021 (39 Mt, -0.2% on 2020), including 250 mbl in China (stable) and 30 mbl overseas (-1.8%).
2022, March, 29, 13:45:00
OIL PRICE: BRENT BELOW $114, WTI BELOW $107
Brent rose $1.41, or 1.3%, to $113.89 a barrel, WTI was up 95 cents, or 0.9%, at $106.91.
2022, March, 29, 13:40:00
OPEC OIL PRICE: $113.39
The price of OPEC basket of thirteen crudes stood at $113.39 a barrel on Monday
2022, March, 28, 12:05:00
OIL PRICE: BRENT BELOW $117, WTI BELOW $109
Brent slid as low as $115.32 a barrel, WTI hit a low of $108.28 a barrel.
2022, March, 28, 12:00:00
OPEC OIL PRICE: $118.72
he price of OPEC basket of thirteen crudes stood at $118.72 a barrel on Thursday
2022, March, 28, 11:40:00
JAPAN'S, RUSSIAN OIL & GAS PLAN
Japan's Sakhalin Oil and Gas Development (SODECO) owns a 30% stake in the Sakhalin-1 project from which Exxon has said it would exit. Japex owns 15.285% in SODECO.
2022, March, 28, 11:35:00
IRAN'S GAS DEVELOPING
Saudi Arabia and Kuwait signed an agreement for the development plan of the Dorra gas field, called Arash by Iran, according to a statement by both countries on March 21.
2022, March, 28, 11:30:00
IRAN'S OIL PRODUCTION PLAN 4 MBD
The CEO of the National Iranian Oil Company (NIOC) announced the prospect of a daily production capacity of 4 million barrels of crude oil in the calendar year of 1401 which began on March 21.
2022, March, 28, 11:25:00
U.S. RIGS UP 7 TO 670
U.S. Rig Count is up 7 from last week to 670, Canada Rig Count is down 36 from last week to 140.
2022, March, 25, 11:30:00
OIL PRICE: BRENT BELOW $118, WTI BELOW $111
Brent fell 46 cents, or 0.4%, to $118.57 a barrel, WTI ell 47 cents, or 0.4%, to $111.87 a barrel.
2022, March, 25, 11:25:00
OPEC WARNS EUROPE
OPEC has told the EU that global energy markets would be destabilized if European countries follow through with a threat to ban imports of Russian oil,
2022, March, 25, 11:20:00
OPEC+ IS IMPORTANT
In a circular carried by state-run Saudi Press Agency, the cabinet stressed "the importance of the essential role of the OPEC+ agreement in the balance and stability of oil markets."
2022, March, 25, 10:45:00
U.S. OIL INVENTORIES DOWN BY 2.5 MB TO 413.4 MB
U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week to 413.4 million barrels.
2022, March, 24, 13:55:00
OIL PRICE: BRENT NOT ABOVE $122, WTI NOT ABOVE $115
Brent were down 15 cents, or 0.12%, at $121.45 a barrel, WTI fell 75 cents, or 0.65%, to $114.18 a barrel.