Upstream
2022, May, 5, 14:45:00
OPEC+ PRODUCTION +432 TBD
Five OPEC+ delegates said the group was set to agree to increase its June output target by 432,000 barrels per day, in line with its existing plan to unwind output curbs made during the worst of the COVID-19 pandemic in 2020.
2022, May, 5, 14:20:00
U.S. OIL INVENTORIES UP BY 1.3 MB TO 415.7 MB
U.S. commercial crude oil inventories increased by 1.3 million barrels to 415.7 million barrels.
2022, May, 4, 12:30:00
OIL PRICE: BRENT NEAR $108, WTI NEAR $106
Brent rose $2.94, or 2.8%, to $107.91 a barrel, WTI rose $3.02, or 3%, to $105.43 a barrel.
2022, May, 4, 12:25:00
OPEC OIL PRICE: $109.80
The price of OPEC basket of thirteen crudes stood at $109.80 a barrel on Tuesday
2022, May, 4, 11:40:00
U.S. RIGS UP 3 TO 698
U.S. Rig Count is up 3 from last week to 698 , Canada Rig Count is down 6 from last week to 95.
2022, April, 29, 12:10:00
OIL PRICE: BRENT ABOVE $108, WTI ABOVE $105
Brent rose 88 cents, or 0.8%, to $108.47 a barrel, WTI gained 55 cents, or 0.5%, to $105.91 a barrel.
2022, April, 29, 12:05:00
EXXON REDUCTION IN RUSSIA
ExxonMobil holds a 30% stake in Sakhalin 1. Other partners include Rosneft with 20%, Japan's Sodeco with 30% and India's ONGC Videsh with 20%.
2022, April, 29, 11:30:00
U.S. OIL INVENTORIES UP BY 0.7 MB TO 414.4 MB
U.S. commercial crude oil inventories increased by 0.7 million barrels to 414.4 million barrels.
2022, April, 28, 14:15:00
OIL PRICE: BRENT ABOVE $105, WTI ABOVE $102 ANEW
Brent were up 17 cents, or 0.2%, at $105.49 a barrel, WTI gained 26 cents, or 0.3%, to $102.28.
2022, April, 28, 14:10:00
OPEC OIL PRICE: $105.33
The price of OPEC basket of thirteen crudes stood at $105.33 a barrel on Wednesday,
2022, April, 28, 13:55:00
GAZPROM GAS PRODUCTION WILL DOWN
Russia's Economy Ministry expects oil and gas production to fall this year, according to a document seen by Reuters, with gas output declining to 702.4-720.9 bcm from 763.5 bcm in 2021.
2022, April, 27, 11:55:00
OIL PRICE: BRENT ABOVE $105, WTI NEAR $102
Brent rose 67 cents, or 0.6%, to $105.66 a barrel , WTI gained 44 cents, or 0.4%, to $102.14 a barrel.
2022, April, 26, 14:30:00
OIL PRICE: BRENT NEAR $103, WTI NEAR $99
Brent were down 56 cents, or 0.5%, at $101.76 a barrel, WTI were down 56 cents, or 0.5%, at $101.76 a barrel.
2022, April, 26, 14:25:00
OPEC OIL PRICE: $101.93
The price of OPEC basket of thirteen crudes stood at $101.93 a barrel
2022, April, 26, 14:05:00
CHINA GAS CONSUMPTION GROWTH
In March 2022, China’s government released its 14th Five-Year Plan (2021–25), which sets the domestic natural gas production target at 22.3 Bcf/d by 2025, or 3.0 Bcf/d more than domestic production in 2021.
