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![Upstream](/cache/03-22/price-026.f62093af.jpg)
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.
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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.
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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.
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2022, March, 1, 12:20:00
OIL PRICE: NEAR $100
Brent advanced 1.8% to $99.7, WTI rose 1.6% to $97.28.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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