Upstream
2022, March, 2, 11:45:00
OIL PRICE: ABOVE $111
Brent rose by as much as $8 and touched as high as $113.02 a barrel, before easing to $111.75, WTI were up $7.24, or 7%, to $110.67 a barrel.
2022, March, 2, 11:40:00
OPEC+ OIL PRODUCTION: +0.4 MBD
OPEC+ members are attempting to regain pre-pandemic output levels by late 2022 through their monthly easing of quotas, but potential disruptions to Russian oil flows put that plan at risk.
2022, March, 2, 11:35:00
RUSSIA,UAE COOPERATION
The implementation of OPEC Plus agreements was discussed. The parties stressed their intention to continue coordinated effort in the interests of maintaining global energy market stability.
2022, March, 1, 12:20:00
OIL PRICE: NEAR $100
Brent advanced 1.8% to $99.7, WTI rose 1.6% to $97.28.
2022, February, 28, 13:25:00
OIL PRICE: ABOVE $102
Brent ose $4.16, or 4.3%, to $102.09, WTI was up $4.19, or 4.6%, at $95.78 a barrel.
2022, February, 28, 12:30:00
U.S. RIGS UP 5 TO 650
U.S. Rig Count is up 5 from last week to 650, Canada Rig Count is up 4 from last week to 224.
2022, February, 25, 11:50:00
OIL PRICE: ABOVE $101
Brent rose $2.81, or 2.8%, to $101.89 a barrel, WTI touched a high of $95.64 a barrel.
2022, February, 25, 11:10:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 416.0 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels from the previous week to 416.0 million barrels.
2022, February, 24, 12:30:00
OIL PRICE: ABOVE $103
Brent rose to as much as $103.78 a barrel, WTI jumped $5.48, or 6%, to $97.58 a barrel.
2022, February, 23, 13:15:00
OIL PRICE: NEAR $96
Brent rose 11 cents, or 0.01%, to $96.95 a barrel, WTI were up 6 cents, or 0.07%, to $91.97 a barrel.
2022, February, 22, 13:10:00
OIL PRICE: NEAR $99
Brent was up $3.48, or 3.7%, at $98.87, WTI jumped $4.41, or 4.8%, to $95.48.
2022, February, 21, 11:55:00
OIL PRICE: ABOVE $93
Brent slipped to $93.14 a barrel, down 40 cents or 0.4%, after earlier touching $95, WTI dropped 28 cents to $90.79 a barrel.
2022, February, 21, 11:40:00
OIL PRICE FOR INDIA: $100
"In the current scenario, [the] demand for oil has outpaced production growth as economies slowly rebound from the worst of the pandemic, leaving the market with a small buffer to mitigate an oil supply shock," Singh said.
2022, February, 18, 11:50:00
OIL PRICE: NEAR $92
Brent fell 65 cents, or 0.7%, to $92.32 a barrel, WTI shed 71 cents, or 0.7%, to $91.05 a barrel.
2022, February, 18, 11:15:00
U.S. GAS PRODUCTION WILL RISE
U.S. natural gas marketed production will increase to an average of 104.4 billion cubic feet per day (Bcf/d) in 2022 and then further increase to a record-high 106.6 Bcf/d in 2023
