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![Upstream](/cache/01-23/price-70.c998b258.jpg)
2023, January, 18, 12:20:00
OIL PRICE: BRENT BELOW $87, WTI BELOW $81
Brent climbed 76 cents, or 0.88%, to $86.68 a barrel, WTI went up 85 cents, or 1.06%, to $81.03.
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2023, January, 16, 13:05:00
OIL PRICE: BRENT BELOW $85, WTI NEAR $80
Brent fell 62 cents, or 0.7%, to $84.66 a barrel, WTI was down 51 cents, or 0.6%, at $79.35 a barrel.
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2023, January, 13, 10:55:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $78
Brent had fallen 33 cents, or 0.4%, to $83.70 a barrel, WTI slipped 20 cents, or 0.3%, to $78.19.
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2023, January, 11, 11:45:00
OIL PRICE: BRENT NEAR $80, WTI NEAR $75
WTI slipped by 54 cents, or 0.72%, to $74.58 a barrel, Brent fell by 50 cents, or 0.62%, to $79.60.
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2023, January, 11, 11:40:00
OIL PRICES 2023-24: $83 - $78
The Brent crude oil price will average $83 per barrel (b) in 2023, down 18% from 2022, and continue to fall to $78/b in 2024 as global oil inventories build, putting downward pressure on crude oil prices.
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2023, January, 9, 12:40:00
OIL PRICE: BRENT BELOW $81, WTI BELOW $76
Brent were up $1.49, or 1.9%, at $80.06 a barrel, WTI rose $1.43, or 1.9%, to $75.20.
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2023, January, 9, 12:05:00
WORLDWIDE RIG COUNT DOWN 56 TO 1,834
The Worldwide Rig Count for December was 1,834, down 56 from the 1,890 counted in November 2022,and up 271, from the 1,563 counted in December 2021.
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2023, January, 5, 16:35:00
OIL PRICE: BRENT ABOVE $79, WTI ABOVE $74
Brent was up $1.63, or 2.1%, to $79.47 a barrel, WTI gained $1.41, or 1.9%, to $74.25.
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2022, December, 27, 12:55:00
OIL PRICE: BRENT NEAR $84, WTI NEAR $80
Brent was up 22 cents, or 0.3%, at $84.14 a barrel, WTI gained 7 cents to $79.63.
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2022, December, 27, 12:35:00
U.S. RIGS UP 3 TO 779
U.S. Rig Count is up 3 from last week to 779, Canada Rig Count is down 103 from last week to 96
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2022, December, 21, 12:25:00
OIL PRICE: BRENT NEAR $80, WTI BELOW $77
Brent rose 8 cents, or 0.1%, to $80.07 per barrel, WTI fell 1 cent to $76.22.
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2022, December, 19, 12:10:00
OIL PRICE: BRENT BELOW $80, WTI BELOW $75
Brent gained 42 cents, or 0.5%, to $79.46 a barrel, WTI was at $74.67, up 38 cents, or 0.5%.
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2022, December, 19, 11:55:00
EUROPEAN GAS MARKET: DISTORTED
Russia's war against Ukraine that started in February has exacerbated gas prices. But the excesses of the TTF had already been detected before, with rises of more than 700% in 2021.
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2022, December, 19, 11:45:00
EGYPTIAN GAS DISCOVERY
The deepwater Nargis block is located off the city of Arish on the Sinai Peninsula. It is one of four offshore exploration blocks off Egypt’s coast in which the US group Chevron holds operating interests, alongside with the Egyptian oil company Tharwa Petroleum.
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2022, December, 19, 11:35:00
U.S. RIGS DOWN 4 TO 776
U.S. Rig Count is down 4 from last week to 776, Canada Rig Count is down 3 from last week to 199.