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2021, May, 18, 13:20:00
OIL PRICE: NEAR $70 YET
Brent fwas up 55 cents, or 0.8%, at $70.01. WTI was up 37 cents, or 0.6%, at $66.64.
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2021, May, 18, 13:00:00
U.S. PRODUCTION: OIL +26 TBD, GAS (-53) MCFD
Crude oil production from the major US onshore regions is forecast to increase 26,000 b/d month-over-month in June 2021 from 7,707 to 7,733 thousand barrels/day, gas production to decrease 53 million cubic feet/day from 83,624 to 83,571 million cubic feet/day .
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2021, May, 18, 12:55:00
LUKOIL PRODUCTION 2.1 MBD
In the first quarter of 2021 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,152 thousand boe per day, which is 4.2% higher quarter-on-quarter.
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2021, May, 17, 11:50:00
OIL PRICE: NOT BELOW $68
Brent fell 21 cents, or 0.3%, to $68.50 a barrel. WTI eased 9 cents, or 0.1%, to $65.28.
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2021, May, 17, 11:15:00
U.S. RIGS UP 5 TO 453
U.S. Rig Count is up 5 from last week to 453, Canada Rig Count is up 4 from last week to 59.
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2021, May, 13, 18:00:00
OIL PRICE: NOT ABOVE $68
Brent was down $1.75, or 2.5%, at $67.57 a barrel. WTI was down $1.80, or 2.7%, to $64.28 a barrel.
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2021, May, 13, 17:55:00
GLOBAL OIL DEMAND WILL UP BY 6.0 MBD TO 96.5 MBD
For 2021, world oil demand is expected to increase by 6.0 mb/d, unchanged from last month’s estimate, to average 96.5 mb/d.
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2021, May, 13, 17:50:00
U.S. OIL INVENTORIES DOWN 0.4 MB TO 484.7 MB
U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week to 484.7 million barrels,
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2021, May, 12, 13:05:00
OIL PRICE: NEAR $69
Brent climbed 18 cents, or 0.3% to $68.73 a barrel. WTI rose 20 cents, or 0.3%, to $65.48.
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2021, May, 12, 13:00:00
OIL PRICES 2021-22: $65-61
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $61/b in 2022.
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2021, May, 12, 12:50:00
LIBYA'S OIL PRODUCTION 1.168 MBD
Libya pumped 1.12 million b/d in April, a fall of 70,000 b/d from March.
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2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
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2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
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2021, May, 7, 14:55:00
OPEC+ OVERPRODUCTION 3.3 MBD
Russia, the largest non-OPEC partner in the alliance, has increasingly flouted its cap over the last several months, with its excess production soaring to 877,000 b/d.
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2021, May, 7, 14:35:00
WORLDWIDE RIG COUNT DOWN 43 TO 1,189
The Worldwide Rig Count for April was 1,189, down 43 from the 1,231 counted in March 2021