Upstream
![Upstream](/cache/07-20/opec-142.70d81478.jpg)
2020, July, 8, 11:50:00
OPEC OIL PRODUCTION DOWN
OPEC's 13 members pumped 22.31 million b/d, the organization's lowest collective output since September 1990,
![Upstream](/cache/07-20/price-560.3eff2c57.jpg)
2020, July, 7, 16:25:00
OIL PRICE: NOT ABOVE $43 AGAIN
Brent declined by 24 cents, or 0.56%, to $42.86, WTI fell 30 cents, or 0.74%, to $40.33 a barrel.
![Upstream](/cache/07-20/price-557.2450a890.jpg)
2020, July, 7, 16:10:00
SAUDI'S OIL PRICES UP
State producer Saudi Aramco lifted the official selling price for its flagship Arab Light crude to buyers in Asia,
![Upstream](/cache/07-20/price-553.b1d74e98.jpg)
2020, July, 6, 11:15:00
OIL PRICE: ABOVE $43
Brent rose 18 cents, or 0.4%, to $42.98 a barrel, WTI was at $40.42, down 23 cents, or 0.6%,
![Upstream](/cache/07-20/price-549.3978e2b7.jpg)
2020, July, 3, 11:55:00
OIL PRICE: NOT ABOVE $43 ANEW
Brent was down 52 cents, or 1.2%, at $42.62 a barrel, WTI fell 50 cents, or 1.2%, to $40.15.
![Upstream](/cache/07-20/rig-175.9311e017.jpg)
2020, July, 3, 11:05:00
WORLDWIDE RIG COUNT DOWN 103 TO 1,073
The worldwide rig count for June 2020 was 1,073, down 103 from the 1,176 counted in May 2020, and down 1,148 from the 2,221 counted in June 2019.
![Upstream](/cache/07-20/rig-174.7ded4be9.jpg)
2020, July, 3, 11:00:00
U.S. RIGS DOWN 2 TO 263
U.S. Rig Count is down 2 rigs from last week to 263, Canada Rig Count is up 5 rigs from last week to 18
![Upstream](/cache/07-20/price-545.73096c2c.jpg)
2020, July, 2, 12:05:00
OIL PRICE: NOT ABOVE $43
Brent was up 25 cents or 0.6% at $42.28 a barrel, WTI rose 25 cents, or 0.6%, to $40.07 a barrel
![Upstream](/cache/06-20/price-543.c4a75bbd.jpg)
2020, July, 2, 12:00:00
SAUDI ARAMCO'S OPTIMISM
There are different forecasts looking at between 95 and 97 MMbd by year-end
![Upstream](/cache/07-20/iraq-77.b23b6a57.jpg)
2020, July, 2, 11:55:00
IRAQ OIL EXPORTS DOWN
Iraq oil exports fell to an average of 2.816 million b/d, in line with projections made in June by Oil Minister Ihsan Ismaael
![Upstream](/cache/07-20/oil-31.0c35846a.jpg)
2020, July, 2, 11:50:00
U.S. OIL INVENTORIES DOWN BY 7.2 MB TO 533.5 MB
U.S. commercial crude oil inventories decreased by 7.2 million barrels from the previous week.
![Upstream](/cache/06-20/price-542.4b75aca6.jpg)
2020, June, 30, 13:00:00
OIL PRICE: NEAR $41 AGAIN
Brent fell 22 cents, or 0.5%, to $41.63 a barrel, WTI was down 27 cents, or 0.7%, at $39.43 a barrel.
![Upstream](/cache/06-20/price-538.220900b9.jpg)
2020, June, 29, 14:35:00
OIL PRICE: NEAR $41 YET
Brent fell 4 cents, or 0.1%, to $40.98 a barrel, WTI was up 7 cents, or 0.2%, at $38.56.
![Upstream](/cache/06-20/rig-173.ed389907.jpg)
2020, June, 29, 13:45:00
U.S. RIGS DOWN 1 TO 265
U.S. Rig Count is down 1 rigs from last week to 265, Canada Rig Count is down 4 rigs from last week to 13
![Upstream](/cache/06-20/price-535.31c51bcd.jpg)
2020, June, 26, 11:40:00
OIL PRICE: NEAR $41
Brent rose 32 cents, or 0.8%, to $41.37, WTI gained 25 cents, or 0.7%, to $38.97