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2022, May, 16, 11:30:00
U.S. RIGS UP 9 TO 714
U.S. Rig Count is up 9 from last week to 714, Canada Rig Count is down 3 from last week to 88.
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2022, May, 13, 11:50:00
OIL PRICE: BRENT ABOVE $108, WTI ABOVE $106
Brent were up $1.68, or 1.6%, at $109.13 a barrel, WTI climbed $1.40, or 1.3%, to $107.53 a barrel.
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2022, May, 13, 11:45:00
OPEC OIL PRICE: $109.02
The price of OPEC basket of thirteen crudes stood at $109.02 a barrel on Wednesday
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2022, May, 13, 11:40:00
GLOBAL OIL DEMAND 2022: +3.4 MBD
World oil demand growth in 2022 is expected to increase by 3.4 mb/d y-o-y, representing a downward revision of 0.3 mb/d from last month’s report, with 1.8 mb/d in the OECD and 1.6 mb/d in the non-OECD.
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2022, May, 13, 11:05:00
U.S. OIL INVENTORIES UP BY 8.5 MB TO 424.2 MB
U.S. commercial crude oil inventories increased by 8.5 million barrels to 424.2 million barrels.
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2022, May, 12, 14:15:00
OIL PRICE: BRENT ABOVE $105, WTI ABOVE $103
Brent down $2.26, or 2.1%, to $105.25 a barrel, WTI fell $2.45, or 2.3%, to $103.26 a barrel.
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2022, May, 11, 11:30:00
OIL PRICE: BRENT NEAR $105, WTI NEAR $102
Brent was up $2.35, or 2.41%, to $104.84 a barrel, WTI climbed $2.2, or 2.24%, to $101.97 a barrel.
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2022, May, 11, 11:25:00
OPEC OIL PRICE: $108.18
The price of OPEC basket of thirteen crudes stood at $108.18 a barrel on Tuesday,
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2022, May, 11, 11:20:00
OIL PRICES 2022-23: $107 - $97
The Brent price will average $107/b in 2Q22 and $103/b in the second half of 2022, the average price to fall to $97/b in 2023.
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2022, May, 11, 10:30:00
WORLDWIDE RIG COUNT DOWN 58 TO 1,603
The Worldwide Rig Count for April was 1,603, down 58 from the 1,661 counted in March 2022,and up 414 from the 1,189 counted in April 2021.
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2022, May, 11, 10:25:00
U.S. RIGS UP 7 TO 705
U.S. Rig Count is up 7 from last week to 705 , Canada Rig Count is down 4 from last week to 91.
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2022, May, 6, 11:30:00
OIL PRICE: BRENT BELOW $112, WTI BELOW $109
Brent rose 88 cents, or 0.8%, to $111.78 a barrel, WTI climbed 84 cents, or 0.8%, to $109.10 a barrel.
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2022, May, 6, 11:20:00
OPEC+ RUSSIA + 0.432 MBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.432 mb/d for the month of June 2022, as per the attached schedule.
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2022, May, 5, 14:55:00
OIL PRICE: BRENT NEAR $111, WTI ABOVE $108
Brent was up 36 cents, or 0.3%, at $110.50 a barrel, WTI rose 4 cents, or less than 0.1%, to $107.85.
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2022, May, 5, 14:50:00
OPEC OIL PRICE: $110.83
The price of OPEC basket of thirteen crudes stood at $110.83 a barrel on Wednesday,