Upstream
2022, November, 21, 11:25:00
OIL PRICE: BRENT NEAR $87, WTI NEAR $80
Brent had slipped 74 cents, or 0.8%, to $86.88 a barrel, WTI were at $79.40 a barrel, down 68 cents or 0.9%.
2022, November, 21, 10:40:00
U.S. RIGS UP 3 TO 782
U.S. Rig Count is up 3 from last week to 782, Canada Rig Count is up 1 from last week to 201.
2022, November, 18, 11:25:00
OIL PRICE: BRENT NEAR $89, WTI NEAR $82
Brent had edged lower by 13 cents or 0.1% to $89.65 a barrel, WTI rose 13 cents, or 0.2%, to $81.77 a barrel.
2022, November, 18, 10:40:00
U.S. OIL INVENTORIES DOWN BY 5.4 MB TO 435.4 MB
U.S. commercial crude oil inventories decreased by 5.4 million barrels to 435.4 million barrels.
2022, November, 16, 11:05:00
OIL PRICE: BRENT ABOVE $93, WTI ABOVE $86
Brent dropped by 60 cents, or 0.6%, to $93.26 a barrel, WTI fell 69 cents, or 0.8%, to $86.23 a barrel.
2022, November, 16, 10:40:00
GAZPROM PRODUCTION DOWN BY 19.2%
According to preliminary data, Gazprom produced 359.7 billion cubic meters of gas from January 1 through November 15, 2022. This is a decrease of 19.2 per cent (or 85.3 billion cubic meters) versus the same period of last year.
2022, November, 14, 13:20:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $89 ANEW
Brent were down 32 cents, or 0.3%, to $95.67 a barrel, WTI fell 39 cents, or 0.4%, to $88.57 a barrel.
2022, November, 14, 12:50:00
U.S. RIGS UP 9 TO 779
U.S. Rig Count is up 9 from last week to 779, Canada Rig Count is down 9 from last week to 200.
2022, November, 11, 11:10:00
OIL PRICE: BRENT NEAR $96, WTI NEAR $89
Brent rose $2.39, or 2.6%, to $96.06 a barrel, WTI gained $2.24, or 2.6%, to $88.71 a barrel.
2022, November, 11, 10:30:00
U.S. OIL INVENTORIES UP BY 3.9 MB TO 440.8 MB
U.S. commercial crude oil inventories increased by 3.9 million barrels to 440.8 million barrels.
2022, November, 9, 11:10:00
OIL PRICE: BRENT NEAR $95, WTI NEAR $89 AGAIN
Brent fell 9 cents, or 0.1%, to $95.27 a barrel, WTI fell 20 cents, or 0.2%, to $88.71 a barrel.
2022, November, 9, 11:00:00
OIL PRICES 2023: $94 - $98
Growth in OPEC and non-OPEC oil production—most notably production in the United States— keeps the Brent crude oil price in our forecast lower on an annual average basis in 2023 than in 2022. Brent crude oil price will begin rising in 2H23.
2022, November, 7, 12:10:00
OIL PRICE: BRENT NEAR $98, WTI NEAR $92
Brent dropped $1.24 or 1.26% to trade at $97.33 a barrel, WTI was at $91.17 a barrel, down $1.44.
2022, November, 7, 12:05:00
OPEC MARKET DECISIONS
OPEC and non-OPEC allies — generally referred to as OPEC+ — agreed at this week’s meeting in Vienna to reduce production by 2 million BPD from November levels.
2022, November, 7, 12:00:00
OPEC+, U.S. OIL RELATIONS
The US reaction to the Saudi-led decision was swift. President Joe Biden has warned of "consequences," and the country has announced more releases of crude from its strategic reserves.