Upstream
![Upstream](/cache/11-21/oil-010.b4ddc651.jpg)
2021, November, 19, 11:20:00
U.S. OIL INVENTORIES DOWN BY 2.1 MB TO 433.0 MB
U.S. commercial crude oil inventories decreased by 2.1 million barrels from the previous week to 433.0 million barrels.
![Upstream](/cache/11-21/price-0205.cdc265db.jpg)
2021, November, 18, 13:35:00
OIL PRICE: NEAR $80
Brent was down 83 cents, or 1%, to $79.87 a barrel, WTI were down $1.13, or 1.4%, at $77.23 a barrel.
![Upstream](/cache/11-21/mozambiqe-33.b58d95b0.jpg)
2021, November, 18, 12:55:00
MOZAMBIQUE LNG START
Area 4 is operated by Mozambique Rovuma Venture (MRV), an incorporated joint venture owned by Eni, ExxonMobil and CNPC, which holds a 70% interest in the Area 4 exploration and production concession contract.
![Upstream](/cache/11-21/price-0262.56794585.jpg)
2021, November, 17, 13:55:00
OIL PRICE: ABOVE $81
Brent dropped 50 cents, or 0.6%, to $81.93, WTI fell 57 cents, or 0.7%, to $80.19 a barrel.
![Upstream](/cache/11-21/price-0197.0beec666.jpg)
2021, November, 17, 13:25:00
ЦЕНА URALS: $82,45357
Средняя цена на нефть Urals за период мониторинга с 15 октября 2021 года по 14 ноября 2021 года составила $82,45357 за баррель или $601,9 за тонну.
![Upstream](/cache/11-21/price-0174.defd957c.jpg)
2021, November, 16, 14:55:00
OIL PRICE: ABOVE $82 YET
Brent was 52 cents, or 0.6%, higher at $82.57 a barrel, WTI climbed 42 cents, or 0.5%, to $81.30 a barrel.
![Upstream](/cache/11-21/gazprom-012.d53c4e93.jpg)
2021, November, 16, 14:50:00
GAZPROM SUPPLY GROWTH
The Company increased its gas supplies to Turkey (+98.1 per cent), Germany (+19.6 per cent), Italy (+18.3 per cent), Romania (+247.1 per cent), Serbia (+92.9 per cent), Bulgaria (+48.2 per cent), Poland (+7.3 per cent), Greece (+13.7 per cent), Slovenia (+53.3 per cent), and Finland (+10.8 per cent).
![Upstream](/cache/11-21/price-0163.888b38ef.jpg)
2021, November, 15, 12:00:00
OIL PRICE: NEAR $82 YET
Brent fell 63 cents, or 0.8%, to $81.54 a barrel, WTI lost 55 cents, or 0.7%, to $80.24 a barrel.
![Upstream](/cache/11-21/coal-008.06ed7ede.jpg)
2021, November, 15, 11:50:00
CHINA COAL PRODUCTION UP
China has approved expansions at more than 153 coal mines, which could add 55 million tonnes of coal output in the fourth quarter, the National Development and Reform Commission (NDRC) said last month.
![Upstream](/cache/11-21/iraq-005.97c324e9.jpg)
2021, November, 15, 11:35:00
IRAQ GAS DEVELOPMENT
The majority of Iraq's gas output is pumped with oil and the associated gas is mostly flared. Iraq was the world's second-worst flaring nation after Russia in 2020, according to the World Bank.
![Upstream](/cache/11-21/rig-019.5b3225b2.jpg)
2021, November, 15, 11:20:00
U.S. RIGS UP 6 TO 556
U.S. Rig Count is up 6 from last week to 556, Canada Rig Count is up 8 from last week to 168.
![Upstream](/cache/11-21/price-0145.b2d9e558.jpg)
2021, November, 12, 12:40:00
OIL PRICE: NEAR $82 ANEW
Brent gained 70 cents, or 0.85%, to $83.34 a barrel , WTI rose 79 cents, or 1%, to $82.13.
![Upstream](/cache/11-21/price-0137.f3998417.jpg)
2021, November, 12, 12:35:00
GLOBAL OIL DEMAND 2021: + 5.7 MBD
World oil demand growth in 2021 is revised lower by around 0.16 mb/d, compared to last month’s assessment, to stand at 5.7 mb/d.
![Upstream](/cache/11-21/oil-008.35e8d4a9.jpg)
2021, November, 12, 12:25:00
LIMITED OIL GAS PRODUCTION
At the end of 2019, combined oil output from ExxonMobil, BP, Shell, Chevron, TotalEnergues, Equinor, ConocoPhillips, and Eni stood at 13.3 million b/d, or about 13% of total global supplies,
![Upstream](/cache/11-21/iran-004.a984abed.jpg)
2021, November, 12, 12:20:00
IRAN GAS INVESTMENT $11 BLN
Gas accounts for around 70% of fuel use in Iran, with the household sector being the largest consumer at up to 400 million cu m/d on cold days, followed by power plants and petrochemical facilities.