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2024, August, 28, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI NEAR $76
Brent were up 25 cents, or 0.31%, at $79.80 a barrel, WTI rose 17 cents, or 0.23%, to trade at $75.70.
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2024, August, 22, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI NEAR $72
Brent were 3 cents up to $76.08 a barrel, WTI fell 5 cents to trade at $71.88.
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2024, August, 15, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI ABOVE $77
Brent climbed 17 cents, or 0.21%, to $79.93 a barrel, WTI increased by 21 cents, or 0.27%, to $77.19 per barrel.
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2024, August, 15, 06:55:00
RUSSIA: COMMITMENT TO OPEC+
The Russian Federation retains its full commitment to the OPEC Plus agreement.
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2024, August, 6, 07:00:00
OIL PRICE: BRENT ABOVE $77, WTI NEAR $74
Brent gained 97 cents, or 1.27%, to $77.27 a barrel, WTI climbed $1.14, or 1.56%, to $74.08.
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2024, August, 6, 06:55:00
OPEC+RUSSIA: HIGH CONFORMITY
The Joint Ministerial Monitoring Committee (JMMC) reviewed the crude oil production data for the months of May and June 2024 and noted the high overall conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (DoC).
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2024, August, 6, 06:50:00
ОПЕК+РОССИЯ: ВЫСОКОЕ СООТВЕТСТВИЕ
Ряд государств, входящих в ОПЕК+ (Россия, Саудовская Аравия, Алжир, Ирак, Кувейт, ОАЭ, Казахстан и Оман), которые ранее взяли на себя обязательства добровольного дополнительного сокращения добычи нефти на 2,2 млн баррелей в сутки, объявили о том, что после сентября 2024 года могут постепенно корректировать параметры сделки и наращивать добычу нефти в зависимости от рыночных условий.
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2024, August, 6, 06:25:00
U.S., SWEDEN NUCLEAR COOPERATION
Sweden and the USA have signed a memorandum of understanding aimed at pursuing cooperation in industrial collaboration, technology development, and research and innovation in technologies related to nuclear energy for peaceful purposes.
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2024, August, 6, 06:20:00
BRENT CRUDE : A POLITE GRIMACE
BRENT Crude trading at the Globex Open on a $76.57/bbl & WTI Crude trading at $73.64/bbl.
This is after the US DOE finalised its purchase of 4.65m/bbl of Crude Oil for SPR to be delivered from October to December.ExxonMobil to also supply 3.9m/bbl,Macquarie Commodities trading to supply the rest at an average pricing of $76.92/bbl.
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2024, July, 30, 07:00:00
OIL PRICE: BRENT ABOVE $79, WTI ABOVE $75
Brent fell by 32 cents, or 0.4%, to $79.46 a barrel, WTI down 36 cents, or 0.5%, at $75.45 a barrel.
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2024, July, 10, 07:00:00
OIL PRICE: BRENT NEAR $85, WTI ABOVE $81
Brent rose 21 cents to $84.87 a barrel, WTI ose 26 cents to $81.67 a barrel.
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2024, July, 10, 06:30:00
OIL: CAVEAT EMPTOR
It should be noted that the high flying bulls on the Oil Market may be sublime in the long-run perspective of things as demand is drawing down inventories globally and refinery margins have come off.
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2024, July, 10, 06:25:00
WORLDWIDE RIG COUNT UP 32 TO 1,707
The Worldwide Rig Count for June was 1,707, up 32 from the 1,675 counted in May 2024, and down 93, from the 1,799 counted in June 2023.
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2024, July, 3, 07:00:00
OIL PRICE: BRENT NEAR $87, WTI ABOVE $83
Brent edged up 47 cents or 0.5% to $86.71 per barrel, WTI climbed 43 cents or 0.5% to $83.24 per barrel.
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2024, July, 3, 06:35:00
SAUDI'S GAS EXPANSION $25 BLN
Saudi Arabia has some of the biggest gas reserves in the world. Development of the Jafurah field, estimated to hold 200 trillion cubic feet of gas, is expected to cost $100 billion and boost the firm’s gas production more than 60% by 2030.